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Boeing will buy back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, in a $4.7 billion all-stock deal, per Reuters.
  • Boeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters.
  • The $4.7 billion all-stock deal was announced early Monday morning.
  • The deal brings Spirit Aero back into Boeing's fold and should improve the production of its aircraft.

Boeing is buying back Spirit AeroSystems, a manufacturer of parts for its 737 and 787 planes, in a $4.7 billion all-stock deal, the companies said early Monday morning.