The Federal Trade Commission (FTC) has approved Boeing’s long-planned acquisition of Spirit AeroSystems two decades after it was spun off, according to The Seattle Times. The decision was issued on Wednesday and allows the $4.7 billion all-stock merger to proceed under conditions designed to preserve competition in both the commercial and defense aviation sectors. In a July 2024 news release, Boeing emphasized that the transaction is intended to improve manufacturing consistency and support the company’s engineering workforce. Boeing’s total assumption of Spirit’s debt brings the transaction value to about $8.3 billion. In its complaint released earlier this month, the FTC...