Composites Technology Research Malaysia

Composites Technology Research Malaysia (CTRM), a subsidiary of DRB-HICOM, has acquired Spirit AeroSystems Malaysia. The acquisition received shareholder approval on 14 November 2025 and regulatory approvals from the European Commission and US Federal Trade Commission.

The US Federal Trade Commission approved Boeing's acquisition of Spirit AeroSystems for $4.3 billion, contingent on divestment of parts to Airbus and CTRM, with total transaction value of $8.3 billion.

Boeing submitted commitments to the European Commission to gain approval for its $4.7 billion acquisition of Spirit AeroSystems, the world's largest tier-one aerostructures manufacturer. The EU set a new review deadline of October 14, 2025.

Spirit AeroSystems has signed a purchase agreement to sell its facility and businesses in Subang, Malaysia to Composites Technology Research Malaysia Sdn Bhd (CTRM) for $95.2 million. The transaction is expected to close in Q4 2025.

Composites Technology Research Malaysia (CTRM) received a contract extension from Airbus valued at RM3.4 billion, with a production rate increase from 60 to 75 aircraft sets per month by 2024/25. The extension was sealed in November 2022 and announced on May 18, 2023.