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Spirit AeroSystems makes major parts of several Boeing models, including the fuselages for the 737 Max. ... North Carolina, and St. Nazaire, France, and A220 wings and mid-fuselage in Belfast ...
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.
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
About 70% of Spirit AeroSystems' revenue last year came from work done for Boeing, according to Spirit's latest annual report. That is up from 60% two years earlier. Most of the company's other ...
The IAM and Spirit AeroSystems are coming off a 10-year contract agreement negotiated in 2010, with a three-year extension in 2020. “It’s been a long time since the parties have been to the table.
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the ...
Spirit had been owned by Boeing before the 2005 spinout. ... Boeing is in talks to buy Wichita’s Spirit AeroSystems. Julie Johnsson, Ryan Beene, Bloomberg News. March 1, 2024 at 12:25 PM.