Casablanca – European aerospace giant Airbus is in advanced negotiations with Spirit AeroSystems to acquire the key industrial site in Nouaceur, Morocco. This strategic move is part of Airbus’s broader initiative to streamline its supply chain and secure critical component production for its commercial aircraft programs, particularly the A220 model.

Nouaceur site: A strategic asset

The Nouaceur site, located in the Midparc industrial zone, specializes in manufacturing central fuselage components for the Airbus A220. Acquiring this site marks a significant step in Airbus’s effort to optimize the supply chain for its commercial aircraft programs. With the increasing demand for the A220, ensuring a stable and reliable supply of essential components has become a priority for Airbus.

Enhancing industrial capacity in Morocco

The acquisition of the Nouaceur site underscores Airbus’s commitment to strengthening its industrial base. By integrating this facility, Airbus aims to bolster its production capabilities and reduce reliance on external suppliers, thus enhancing operational consistency and autonomy. This move is expected to fortify Airbus’s position in the global aerospace market and ensure the sustainability of its supply chain.

Financial details and due diligence

The proposed transaction involves Airbus paying $559 million to Spirit AeroSystems, contingent on certain adjustments based on the final scope of the agreement. The deal is currently undergoing a thorough due diligence process to ensure all aspects are meticulously evaluated before finalization. Despite the significant progress in negotiations, the completion timeline remains uncertain, pending the due diligence outcomes.

Impact on Moroccan aerospace industry

The acquisition of the Nouaceur site is poised to have a profound impact on Morocco’s growing aerospace sector. With Airbus’s strengthened presence, the local industry is set to benefit from increased investment, job creation, and enhanced capabilities. The Nouaceur facility recently began producing fuselage components for the Airbus A220, further integrating into Airbus’s global supply chain and highlighting Morocco’s strategic importance in aerospace manufacturing.

The ongoing negotiations between Airbus and Spirit AeroSystems for the Nouaceur site represent a critical development in the aerospace manufacturing landscape. If finalized, the deal will not only enhance Airbus’s production capabilities but also solidify Morocco’s role as a key player in the aerospace supply chain.