Spirit AeroSystems Holdings, Inc. announced amendments to its agreements with The Boeing Company to address repayment schedules for outstanding advances.

Under the January 22, 2025 amendments:
1. The April 2024 Memorandum of Agreement was modified to outline a repayment schedule for $425 million of advances, with installments ranging from $50 million to $75 million, due monthly from April 1, 2026, to September 1, 2026. If the Merger Agreement between Spirit, Boeing, and Sphere Acquisition Corp. is terminated, the outstanding advances will be due in full on April 1, 2026.

2. The April 2023 Memorandum of Agreement was amended to detail a repayment schedule for $180 million of advances, with $45 million due quarterly between October 1, 2026, and December 1, 2027. Similarly, in the event of the Merger Agreement's termination, all outstanding advances will be due on April 1, 2026.

These amendments reflect updated financial commitments and provisions in the context of the merger and production agreements between the two companies.