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Boeing logoBoeing BA

On April April 22, 2025, Boeing entered into an agreement to sell all of its interests in JNPR Aero, LLC and its interests in certain affiliates that operate global aviation data and software products to Project Maroon, LLC, at a purchase price of $10.55 billion (subject to customary purchase price adjustments).

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. On April April 22, 2025, Boeing entered into an agreement to sell all of its interests in JNPR Aero, LLC and its interests in certain affiliates that operate global aviation data and software products to Project Maroon, LLC, at a purchase price of $10.55 billion (subject to customary purchase price adjustments).

  2. Boeing said it is selling part of its Digital Aviation Solutions business, including the Jeppesen, ForeFlight, AerData and OzRunways assets, to Thoma Bravo in an all-cash transaction valued at $10.55 billion. The company said it will retain the core digital capabilities that use aircraft and fleet data to provide fleet maintenance, diagnostics and repair services.

  3. The company set the Termination Date as January 17, 2026, and said it may extend that date by up to 90 days where regulatory approvals have not been obtained, or in increments of 30 days up to a maximum of 90 days where the pre-closing reorganization has not been completed. If the agreement is terminated in certain circumstances, the buyer must pay the company a termination fee of $844.0 million.

  4. Boeing said it expects the transaction to close by the end of 2025, subject to regulatory approval and customary closing conditions. Boeing president and chief executive officer Kelly Ortberg said the sale is part of a strategy to focus on core businesses, supplement the balance sheet and prioritize the investment grade credit rating.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Boeing Enters Agreement to Sell JNPR Aero Interests

On April April 22, 2025, Boeing entered into an agreement to sell all of its interests in JNPR Aero, LLC and its interests in certain affiliates that operate global aviation data and software products to Project Maroon, LLC, at a purchase price of $10.55 billion (subject to customary purchase price adjustments).

Source · Based on the filing body and exhibits

Boeing to Sell Part of Digital Aviation Solutions to Thoma Bravo

Boeing said it is selling part of its Digital Aviation Solutions business, including the Jeppesen, ForeFlight, AerData and OzRunways assets, to Thoma Bravo in an all-cash transaction valued at $10.55 billion. The company said it will retain the core digital capabilities that use aircraft and fleet data to provide fleet maintenance, diagnostics and repair services.

Source · Based on the filing body and exhibits

Termination Date of January 17, 2026 and Termination Fee

The company set the Termination Date as January 17, 2026, and said it may extend that date by up to 90 days where regulatory approvals have not been obtained, or in increments of 30 days up to a maximum of 90 days where the pre-closing reorganization has not been completed. If the agreement is terminated in certain circumstances, the buyer must pay the company a termination fee of $844.0 million.

Source · Based on the filing body and exhibits

Company Comments on Closing Timing and Sale Rationale

Boeing said it expects the transaction to close by the end of 2025, subject to regulatory approval and customary closing conditions. Boeing president and chief executive officer Kelly Ortberg said the sale is part of a strategy to focus on core businesses, supplement the balance sheet and prioritize the investment grade credit rating.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.