What Happened
Aircraft Manufacturer Faces Unexpected Financial Burden
Boeing has discovered a $1.9 billion hole in its finances after acquiring Spirit AeroSystems, a former supplier, in a deal worth $8.4 billion. The acquisition has added significant liabilities to Boeing’s balance sheet, including $1.52 billion in off-market customer contracts. As reported by an unknown source, Boeing is working to increase production of the 737 MAX and 787, while also addressing the financial implications of the acquisition.