Bombardier Will Continue Utilizing Spirit Aerosystems As A Supplier After It Was Purchased By Boeing

On Tuesday, July 2, Bombardier revealed that it intends to have no issues with its existing contracts with Spirit AeroSystems to be recognized after the recent news of Boeing acquiring Spirit AeroSystems. Yesterday, on Monday, July 1, Boeing announced that it was purchasing Spirit AeroSystems for $4.7 billion in stock. Airbus also entered a $559 million agreement to maintain its vendor tree.