Boeing Considers Acquisition of Spirit AeroSystems

Shares of Spirit Aerosystems surged after reports of Boeing being in talks to acquire the company, as both companies work to address manufacturing flaws on the 737 Max jets. Spirit, a major supplier to Boeing, has hired bankers to explore options and had early talks with Boeing, while Boeing declined to comment. The potential acquisition comes amid ongoing investigations into production problems and quality flaws on the 737 Max, including a recent incident involving a section of a plane blowing out during a flight.