Spirit AeroSystems (SPR, Financial) and Boeing are close to finalizing a financing deal that would provide financial assistance to Spirit AeroSystems, a key supplier facing difficulties. Although the agreement could be announced soon, negotiations are still ongoing and not yet concluded.
Spirit AeroSystems is dealing with both financial and production challenges, having reported losses for four consecutive years. The company recently issued a liquidity warning, indicating that it anticipates consuming approximately $450 to $500 million in cash during the last quarter of 2024 and the first half of 2025.
