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.

Shares of Spirit AeroSystems have been exceptionally volatile against ongoing uncertainties related to the pandemic and the demand for aircraft. The company last reported Q2 results which beat expectations while management offered an improving outlook with industry production ramping up.

Spirit AeroSystems: Buy The Dip With A Flight Into Clear Skies

PRESTWICK, Scotland--(BUSINESS WIRE)--Spirit AeroSystems has celebrated the official opening of its state-of-the-art Aerospace Innovation Centre in Prestwick, Scotland, UK.

Spirit AeroSystems Inaugurates World-Class Innovation Centre

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), is highlighting the company's industry leading accomplishments in digital and advanced manufacturing solutions at the 2021 Air Force Association Air, Space and Cyber Conference. Spirit AeroSystems is helping customers transform production by connecting factories across design and production to orchestrate people and processes. U

Spirit AeroSystems Highlights Benefits of Digital Design and Advanced Manufacturing Solutions

Parker-Hannifin

The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems.

U.S. awarding $482.3 million in aviation manufacturing assistance

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), today hosted an open house showcasing the company's new state-of-the-art Global Digital Logistics Center. Funded through a collaboration agreement between Spirit and the City of Wichita and Sedgwick County, the Spirit Global Digital Logistics Center (GDLC) is a 150,000-square-foot smart distribution center and the second tallest

Spirit AeroSystems Hosts Open House at its State-of-the-Art Global Digital Logistics Center

Airbus SE

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) subsidiary has delivered the first set of new advanced composite spoilers to Airbus SE (OTC: EADSY) for the A320 Family.  The spoilers are produced using Spirit's Resin Transfer Moulding (RTM) technology.

Spirit AeroSystems Delivers RTM Spoilers To Airbus A320 Family

PRESTWICK, Scotland--(BUSINESS WIRE)--Spirit AeroSystems Europe Delivers First Set of A320 Family RTM Spoilers

Spirit AeroSystems Europe Delivers First Set of A320 Family RTM Spoilers

Lockheed Martin

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), has joined with Lockheed Martin (NYSE: LMT) Skunk Works® to unveil Polaris, a digital engineering and advanced assembly demonstrator that was used to validate improvements in product development from initial design to final assembly, at an event on August 10 in Palmdale, Calif. “Spirit AeroSystems is proud we were selected by Lo

Spirit AeroSystems Joins Lockheed Martin Skunk Works® to Unveil Digital Engineering Transformation

Spirit AeroSystems' (SPR) revenues of $1,002 million exceed the Zacks Consensus Estimate by 4.4% and also improve 55% year over year

Spirit AeroSystems (SPR) Q2 Earnings Beat, Revenues Rise Y/Y

Spirit AeroSystems Holdings, Inc. (SPR) CEO Thomas Gentile on Q2 2021 Results - Earnings Call Transcript

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) reported second-quarter revenue growth of 55% year-over-year to $1 billion, beating the consensus of $958.95 million. Sales by segments: Fuselage Systems $492.2 million (+50.5% Y/Y), Propulsion Systems $241.9 million (+42.6% Y/Y), Wing Systems $259.3 million (+111.7% Y/Y).

Spirit AeroSystems Stock Falls On Expecting Incremental Forward Loss On Boeing Fuselage Issue

Shares of Spirit AeroSystems Hldgs (NYSE:SPR) decreased 0.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 86.40% year over year to ($0.31), which beat the estimate of ($0.72).

Recap: Spirit AeroSystems Q2 Earnings

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (“Spirit” or the “Company”) reported second quarter 2021 financial results. Table 1. Summary Financial Results (unaudited) 2nd Quarter Six Months ($ in millions, except per share data) 2021 2020 Change 2021 2020 Change   Revenues $1,002 $645 55% $1,903 $1,722 11% Operating Loss ($98) ($367) 73% ($224) ($535) 58% Operating Loss as a % of Revenues (9.7%) (56.9%) ** (11.8%) (31.0%) ** Net Loss ($135) ($256) 47% ($307) ($

Spirit AeroSystems Reports Second Quarter 2021 Results

Spirit AeroSystems' (SPR) top line in the second quarter is expected to have been positively impacted by improved shipset delivery numbers.

What's in Store for Spirit AeroSystems' (SPR) Q2 Earnings?

Spirit Aerosystems (SPR) doesn't possess 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) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) will release its second quarter 2021 financial results at 6:30 a.m. Central Time Wednesday, August 4, 2021. Spirit AeroSystems President and Chief Executive Officer Tom Gentile will be joined by Spirit's Senior Vice President and Chief Financial Officer Mark Suchinski and Spirit's Executive Vice President and Chief Operating Officer Sam Marnick on a conference call presentation to securities analysts about second quar

Spirit AeroSystems to Release Second Quarter 2021 Financial Results August 4

Spirit AeroSystems' (SPR) collaboration with Albany Engineered Composites will enable it to develop a wide range of highly adaptable thermal protection system solutions for hypersonic missions.

Spirit AeroSystems (SPR) & Albany to Co-Design Hypersonic Systems

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) has entered into a collaboration agreement with Albany International Corp. (NYSE: AIN) to deliver technical and industrialized solutions to support hypersonic program developments. Spirit's ultra-high temperature composites and structures capabilities along with Albany's experience of producing high volumes of 3D woven, near-net shape will be helpful to design, develop, and manufacture a wide range of scalable, highly adaptable, and affordable Thermal Protection Systems solutions for hypersonic missions.

Spirit AeroSystems Partners With Albany International To Support Hypersonic Program

Albany International

ROCHESTER, N.H.--(BUSINESS WIRE)--Spirit AeroSystems, Inc., and Fiber Materials, Inc., (collectively Spirit) subsidiaries of Spirit AeroSystems holdings, Inc (NYSE: SPR) and Albany Engineered Composites, a subsidiary of Albany International Corp. (NYSE: AIN), have formally entered a technical collaboration agreement to capitalize on their unique capabilities to deliver a suite of differentiated technical and industrialized solutions to more rapidly support hypersonic program developments. The c

Spirit AeroSystems and Albany Engineered Composites Collaborate to Expand Hypersonic Capabilities

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems has embarked on a new sustainability journey with the publication of ‘First Flight', its first Sustainability Report.

Spirit AeroSystems Publishes First Sustainability Report

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems has entered into an agreement with Rolls-Royce on the delivery of next generation slim-line nacelles for the Pearl® 10X.

Spirit AeroSystems Named Exclusive Nacelle Provider for Rolls-Royce Pearl 10X Engine

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

Why Is Spirit Aerosystems (SPR) Up 14.2% Since Last Earnings Report?

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) President and Chief Executive Officer Tom Gentile will speak virtually at the Bernstein 37th Annual Strategic Decisions Conference at 4:30 p.m. (ET) on Thursday, June 3, 2021. 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 for

Spirit AeroSystems Chief Executive Officer Speaking at the Bernstein 37th Annual Strategic Decisions Conference

Spirit AeroSystems' (SPR) Q1 revenues decline 16% year over year primarily due to the significantly lower widebody production rates as well as lower production rates on the Airbus A320 program.

Spirit AeroSystems (SPR) Posts Wider Q1 Loss, Beats on Revenues

Spirit AeroSystems Holdings, Inc. (SPR) CEO Tom Gentile on Q1 2021 Results - Earnings Call Transcript

News for Spirit AeroSystems Hlds Stock (SPR)