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Kristine T. Liwag

Research Analyst at Morgan Stanley

Kristine T. Liwag's questions to BOEING (BA) leadership

Question · Q3 2025

Kristine T. Liwag inquired about Boeing's current portfolio strategy, M&A priorities, and the expected free cash flow impact of the Jeppesen and Spirit AeroSystems transactions in the next year.

Answer

President and CEO Dave Calhoun stated that the Jeppesen and Spirit AeroSystems transactions are the company's immediate M&A focus. He expects the Jeppesen deal to close soon, followed by Spirit AeroSystems after U.S. regulatory approval. He noted that the current priority is on de-integrating Jeppesen and reintegrating Spirit AeroSystems, with no other M&A areas to highlight at this time.

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