# Airbus enters agreement to acquire Spirit AeroSystems activities

Airbus SE has entered into a binding term sheet agreement with Spirit AeroSystems to acquire major activities related to Airbus, including production of A350 fuselage sections and A220 wings and mid-fuselage. Airbus will be compensated by a $559 million payment from Spirit AeroSystems for a nominal consideration of $1.00.

- Type: Acquisition
- Announced: 2024-07-01
- Where: United States
- Value: $559.0M
- Status: announced
- Products: A350 fuselage sections, A220 wings, A220 mid-fuselage, A220 pylons
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md)
- [Airbus](https://endata.com/companies/1653.md) (acquirer)
- [Spirit AeroSystems](https://endata.com/companies/16652.md) (target)

## Sources

- [airbus.com](https://www.airbus.com/en/newsroom/press-releases/2024-07-airbus-enters-agreement-with-spirit-aerosystems), 2024-06-30: "With this agreement, Airbus aims to ensure stability of supply for its commercial aircraft programmes through a more sustainable way forward."
- [investor.spiritaero.com](https://investor.spiritaero.com/news-presentations/news-details/2024/Spirit-AeroSystems-Announces-Acquisition-by-Boeing-in-8.3-Billion-Transaction/default.aspx), 2024-07-01: "Spirit also announced today that it entered into a binding term sheet with Airbus SE for Airbus to acquire certain Spirit assets that serve Airbus programs, concurrently with the closing of Spirit's acquisition by Boeing."
- [forbesmiddleeast.com](https://forbesmiddleeast.com/industry/aviation/airbus-to-receive-$559m-for-acquiring-spirit-plants-supplying-a220-and-a350-parts), 2024-07-01: "With this agreement, Airbus aims to ensure stability of supply for its commercial aircraft programs through a more sustainable way forward"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.