Spirit AeroSystems Hlds

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats and wing structures. The Defense & Space segment offers fixed wing aircraft aerostructures, missiles and hypersonics and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul (MRO) services related to commercial and defense & space program. The company was founded in 2005 and is headquartered in Wichita, KS.

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Spirit AeroSystems reports revenue growth amidst challenges, focuses on optimization

Spirit AeroSystems navigated challenges in 2022 with a focus on revenue growth, cost reduction, and production optimization. The company's performance in the Defense & Space segment was a highlight, contributing to a positive outlook. Despite facing supply chain and labor issues, Spirit AeroSystems remains proactive in addressing challenges and pursuing opportunities for growth.

Spirit AeroSystems tackles quality issues, eyes production improvements amid challenges

Spirit AeroSystems addresses quality issues, focuses on production standards, and strengthens relationships with Boeing. Despite challenges, the company is leveraging opportunities to enhance operations and financial performance.

Spirit AeroSystems reports Q2 revenue growth but faces supply chain challenges

Spirit AeroSystems faced challenges with supply chain disruptions impacting profitability, leading to negative free cash flow projections for the year.
Despite these challenges, the company demonstrated strengths in Defense & Aftermarket segments with strong revenue growth and operating margins.
Opportunities lie in increasing production rates, addressing supply chain issues, and focusing on operational execution for improved profitability and cash flow.
Overall, Spirit AeroSystems aims to stabilize its supply chain, increase production rates, and enhance financial health amidst industry challenges and forward losses.

Spirit AeroSystems reports revenue growth and positive impacts from Boeing agreement

Spirit AeroSystems' Q3 performance showed revenue growth and financial impacts from the Boeing agreement. The company faces challenges with disruptions, labor issues, and potential Airbus program impacts. Opportunities include positive cash flow projections and resolving negotiations with Airbus.

Spirit AeroSystems reports strong Q4 performance amidst challenges and opportunities

Spirit AeroSystems demonstrated robust financial performance in Q4 2023, driven by revenue growth, positive EPS, and operational improvements in production and quality.
While facing challenges such as forward losses and cash flow impacts, the company is focused on leveraging opportunities like debt reduction and quality-driven incentives for future growth.
Strategic initiatives in product safety, innovation, and cost management position Spirit AeroSystems for long-term success and operational excellence in the aerospace industry.

Spirit AeroSystems reports revenue growth, faces challenges in Airbus negotiations

Spirit AeroSystems reported improved revenue and operational performance in Q1 2024, with a focus on safety, quality, and financial stability.
Challenges include negotiations with Airbus, cash usage impact from production disruptions, and labor scarcity in key locations.
Opportunities lie in discussions with Boeing for potential acquisition, securing supply agreements with Airbus, and enhancing operational efficiency.
Overall, Spirit AeroSystems' strategic initiatives aim to address challenges, leverage strengths, and capitalize on growth opportunities for long-term success.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense and Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which are related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats, and wing structures. The Defense and Space segment offers fixed wing aircraft aerostructures, missiles and hypersonic, and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul services related to commercial and defense and space program. The company was founded in 2005 and is headquartered in Wichita, KS.

Spirit AeroSystems Commences Cash Tender Offer and Consent Solicitation for Any and All of Its Outstanding 5.500% Senior First Lien Notes Due 2025

Spirit AeroSystems Holdings, Inc. (NYSE:SPR ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Aaron Hunt - Director, Investor Relations Tom Gentile - President and CEO Mark Suchinski - Senior Vice President and CFO Sam Marnick - Executive Vice President, Chief Operating Officer and President, Commercial Division Conference Call Participants Greg Konrad - Jefferies Seth Seifman - JPMorgan Robert Spingarn - Melius Research Cai von Rumohr - Cowen Doug Harned - Bernstein George Shapiro - Shapiro Research Kristine Liwag - Morgan Stanley David Strauss - Barclays Myles Walton - Wolfe Research Michael Ciarmoli - Truist Securities Ron Epstein - Bank of America Noah Poponak - Goldman Sachs Peter Arment - Baird Operator Good morning, ladies and gentlemen. And welcome to Spirit AeroSystems Holdings Incorporated Third Quarter 2022 Earnings Conference Call.

Spirit AeroSystems Holdings, Inc. (SPR) Q3 2022 Earnings Call Transcript

Spirit Aerosystems (SPR) delivered earnings and revenue surprises of 61.54% and 1.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Spirit Aerosystems (SPR) Reports Q3 Loss, Misses Revenue Estimates

Spirit AeroSystems Reports Third Quarter 2022 Results

VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)-- #3DEXPERIENCE--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Blue Spirit Aero, the France-based aviation startup harnessing the power of hydrogen fuel cell technology, is using Dassault Systèmes' 3DEXPERIENCE platform on the cloud to accelerate the development of its hydrogen-electric light aircraft and advance the certification of accessible clean aviation.

Blue Spirit Aero Accelerates the Development of Its Hydrogen-Powered Aircraft with Dassault Systèmes

Spirit AeroSystems has struggled relative to many other suppliers, due in part to its heavy reliance on the Boeing 737 MAX program. Management is looking to diversify into defense and aftermarket sales in a big way; a sound plan, but one that will take time to bear fruit.

Spirit AeroSystems Making Underappreciated Progress, But Orders Are Still Inadequate

Spirit Aerosystems (SPR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spirit Aerosystems (SPR) Expected to Beat Earnings Estimates: Should You Buy?

Spirit AeroSystems, Joramco sign Memorandum of Understanding for MRO services cooperation

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) will release its third quarter 2022 financial results at 6:30 a.m. Central Time Thursday, November 3, 2022. Spirit AeroSystems President and Chief Executive Officer Tom Gentile will be joined by Spirit's Senior Vice President and Chief Financial Officer Mark Suchinski on a conference call presentation to securities analysts about third quarter 2022 results and company outlook at 10 a.m. Central Time. That presentation

Spirit AeroSystems to Release Third Quarter 2022 Financial Results November 3

Spirit AeroSystems (SPR) recently signed a MOU with MAB in Singapore mainly to develop the maintenance, repair and overhaul services for Boeing's 737 Next Generation Aircraft.

Spirit AeroSystems (SPR) Signs MOU for 737NG MRO Services

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WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. [NYSE – SPR] announced today at MRO Asia-Pacific in Singapore a Memorandum of Understanding (MOU) with Malaysia Airlines Berhad (MAB) to develop maintenance, repair and overhaul (MRO) services for the 737 Next Generation Aircraft. Under the terms of the agreement, Spirit and MAB will start to jointly work on establishing repair services for nacelle and flight control surfaces to support the airline's fleet and the planes of other operator

Spirit AeroSystems, Malaysia Airlines Berhad sign Memorandum of Understanding to create MRO services for 737NG

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems [NYSE: SPR] announced today at MRO Asia-Pacific in Singapore that Spirit Evergreen Aftermarket Solutions (SEAS), a joint venture with Evergreen Aviation Technologies Corp. (EGAT), will open for business on Oct. 3 in Taiwan. Spirit announced the joint venture agreement with EGAT in April 2021, strengthening its global maintenance, repair and overhaul (MRO) capabilities. The agreement will bring comprehensive nacelles and flight control surfaces

Spirit Evergreen Aftermarket Solutions Joint Venture ready to Serve Asia-Pacific Aftermarket Customers

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced a contract award from The Boeing Company to provide new horizontal stabilizers for U.S. Air Force KC-135R Stratotankers. The contract is for an initial 34 horizontal stabilizer kits. Spirit will support extending the life of the KC-135R through at least 2040 utilizing its advanced assembly capabilities including determinant assembly. The KC-135 series of aircraft first entered the U.S. Air Force fleet

Boeing Selects Spirit AeroSystems to Replace KC-135 Horizontal Stabilizers

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WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) Senior Vice President and Chief Financial Officer Mark Suchinski will speak at the Morgan Stanley 10th Annual Laguna Conference at 1:30 p.m. (ET) on Wednesday, September 14, 2022. Access to the webcast will be available at http://investor.spiritaero.com/. Individuals are advised to check the website ahead of time to ensure their computers are configured for the webcast. An audio replay of the webcast will be available

Spirit AeroSystems Chief Financial Officer Speaking at the Morgan Stanley Laguna Conference

Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?

Why Is Spirit Aerosystems (SPR) Down 5% Since Last Earnings Report?

Spirit AeroSystems' (SPR) Q2 total revenues of $1,258 million exceed the Zacks Consensus Estimate by 0.9% and rise 26% on a year-over-year basis.

Spirit AeroSystems (SPR) Q2 Loss Wider & Revenues Beat

Spirit AeroSystems cut delivery guidance for Boeing 737 program. Company results were affected by one-off items hiding margin improvements.

Spirit AeroSystems Stock Tumbles On Boeing 737 MAX Cut

Spirit AeroSystems Holdings, Inc. (NYSE:SPR ) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Aaron Hunt - Director, Investor Relations Tom Gentile - President and CEO Mark Suchinski - Senior Vice President and CFO Sam Marnick - Executive Vice President, COO and President, Commercial Division Conference Call Participants Doug Harned - Bernstein Seth Seifman - JPMorgan Rob Spingarn - Melius Cai von Rumohr - Cowen Sheila Kahyaoglu - Jefferies Kristine Liwag - Morgan Stanley David Strauss - Barclays George Shapiro - Shapiro Research Michael Ciarmoli - Truist Ron Epstein - Bank of America Peter Arment - Baird Operator Good morning, ladies and gentlemen. And welcome to Spirit AeroSystems Holdings Incorporated Second Quarter 2022 Earnings Conference Call.

Spirit AeroSystems Holdings, Inc.'s (SPR) CEO Tom Gentile on Q2 2022 Results - Earnings Call Transcript

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (“Spirit” or the “Company”) reported second quarter 2022 financial results.   Table 1. Summary Financial Results (unaudited) 2nd Quarter Six Months ($ in millions, except per share data) 2022 2021 Change 2022 2021 Change   Revenues $1,258 $1,002 26% $2,433 $1,903 28% Operating Loss ($105) ($98) (7%) ($147) ($224) 34% Operating Loss as a % of Revenues   (8.3%)   (9.7%)   140 BPS   (6.0%)   (11.8%)   580 BPS Net Loss ($

Spirit AeroSystems Reports Second Quarter 2022 Results

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WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE:SPR) today announced its board of directors declared a regular quarterly $0.01 per share cash dividend on its outstanding common stock. The dividend is payable on October 3, 2022, to stockholders of record as of the close of business on September 12, 2022. On the web: www.spiritaero.com On Twitter: @SpiritAero About Spirit AeroSystems Inc. Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for

Spirit AeroSystems Announces Quarterly Cash Dividend

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) will release its second quarter 2022 financial results at 6:30 a.m. Central Time Wednesday, August 3, 2022. Spirit AeroSystems President and Chief Executive Officer Tom Gentile will be joined by Spirit's Senior Vice President and Chief Financial Officer Mark Suchinski on a conference call presentation to securities analysts about second quarter 2022 results and company outlook at 10 a.m. Central Time. That presentatio

Spirit AeroSystems to Release Second Quarter 2022 Financial Results August 3

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