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An aerostructure is a component of an aircraft's airframe. This may include all or part of the fuselage, wings, or flight control surfaces.Companies that specialize in constructing these components are referred to as "aerostructures manufacturers", though many larger aerospace firms with a more diversified product portfolio also build aerostructures.
Several consolidations took place in the aerospace and defense industries over the last few decades. Airbus prominently illustrated the European airliner manufacturing consolidation in the late 1960s. [14] Between 1988 and 2010, more than 5,452 mergers and acquisitions with a total known-value of US$579 billion were announced worldwide. [15]
Spirit's primary competitors in the aerostructures market include Collins Aerospace, Kawasaki Heavy Industries, Leonardo, and Triumph Group. Spirit AeroSystems was established in 2005 when Boeing spun-off its Wichita division to an investment firm. Boeing entered into an agreement to re-acquire Spirit in July 2024 for $4.7 billion.
Machinists for the aerostructures manufacturing giant, the city’s largest employer, have worked under the same contract for 13 years. “Business in this world today needs certainty.
In 2009 it ranked 362nd on the Fortune 500 list, and 11th in the aerospace and defense industry. [3] In 2015 it ranked 322nd overall and 9th in the aerospace and defense industry. [4] In 2014 it ranked 133rd on the S&P 500 based on market capitalization. [5] In January 2016, the company became a wholly owned subsidiary of Berkshire Hathaway. [2]
Rohr subway cars manufactured for the Washington Metro. Rohr, Inc. is an aerospace manufacturing company based in Chula Vista, California, south of San Diego.It is a wholly owned unit of the Collins Aerospace division of Raytheon Technologies; [1] it was founded in 1940 by Frederick H. Rohr as Rohr Aircraft.