Spirit AeroSystems Buys BAE Systems Business Unit

Spirit AeroSystems is buying BAE Systems' Aerostructures business unit in a deal worth GBP80 million (US$142 million). The Aerostructures unit, which garnered revenues of $367 million in 2005, builds structural components, mainly for wings on Airbus A320s/A330s/A340s, Boeing 767s/777s and Raytheon...

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