FTC finalises Boeing-Spirit consent order with mandatory divestitures
Boeing must complete Spirit divestitures and maintain rival supply under FTC order
Change
US FTC finalised the consent order requiring Boeing to divest Spirit AeroSystems assets and continue supplying aerostructures to rival military contractors.
Why it matters
Divestiture is a binding precondition to closing the Spirit acquisition. Boeing and Spirit must continue supplying aerostructures and aerostructure services to competing contractors for military aircraft programs. Compliance reporting procedures are clarified.
Implications
- — Boeing must complete required divestitures before closing — failure blocks completion of the acquisition
- — Boeing and Spirit must continue supplying aerostructures to rival contractors — supply restriction breaches the order
- — Compliance teams must submit reports under FTC procedures — failure creates enforcement exposure
Who is affected
- — Boeing corporate development and deal execution teams
- — Spirit AeroSystems operations and compliance teams
- — Program teams supplying aerostructures to competing aircraft manufacturers
What to watch
- — Execution of divestitures required for deal completion
- — FTC monitoring and enforcement of supply obligations