Spirit AeroSystems Hands Over Key Airbus Programs In $439 Million Asset Transfer Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2025
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Source: Benzinga
Agreement with Airbus: Spirit AeroSystems has reached a definitive agreement with Airbus to transfer ownership of various assets and production sites related to Airbus aerostructure production, including locations in North Carolina, France, Morocco, Scotland, Kansas, and Northern Ireland.
Financial Details and Future Plans: As part of the transaction, Spirit will pay Airbus $439 million and receive $200 million in non-interest-bearing credit. The deal is expected to close alongside Spirit's acquisition by Boeing, pending regulatory approvals, with completion anticipated in Q3 2025.
Analyst Views on GCAD
Wall Street analysts forecast GCAD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GCAD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
