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SPR - Spirit Aerosystems Holdings Inc
$34.77
0.90(2.66%)9:00:02 PM 1/30/2023
Spirit AeroSystems, Inc. , based in Wichita, Kansas, is the world's largest first-tier aerostructures manufacturer. The company builds several important pieces of Boeing aircraft, including the fuselage of the 737, portions of the 787 fuselage, and the cockpit section of the fuselage of nearly all of its airliners. Spirit also produces fuselage sections and front wing spars for the Airbus A350. Spirit's main competition comes from Triumph Aerostructures - Vought Aircraft Division, Collins Aerospace, Leonardo, and Kawasaki Heavy Industries. Spirit was formed when Boeing Commercial Airplanes sold its Wichita division to investment firm Onex. Boeing Defense, Space & Security retained its military business in Wichita, which lay on neighboring land, until Boeing sold most of those properties to Air Capital Flight Line. The Wichita division was responsible for construction of many important aircraft in Boeing's history, including the B-29 Superfortress, B-47 Stratojet, and B-52 Stratofortress. Spirit can trace its legacy back even further to Stearman Aircraft, which was founded on the same site; Stearman later became part of Boeing. Spirit also includes North American Aviation's former Tulsa and McAlester facilities , as well as additional facilities in Kinston, NC, Prestwick, Scotland, Saint-Nazaire, France, and Subang, Malaysia.
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    01/30/2023SPR
    Boeing Co. set to deliver last 747

    A five-decade run that transformed commercial aviation comes to a close this week with the expected final delivery of the Boeing Co.’s 747. The final aircraft will be handed over to Atlas Air on Tuesday, capping the 747s production history with a final cargo model. The freighter variant kept the iconic “Queen of the Skies,” coming off Boeing’s (NYSE: BA) production line even after it fell out of favor for passenger service, as airlines began opting for newer, more fuel-efficient aircraft.

    01/27/2023SPR
    Spirit AeroSystems' specialized apprenticeships help keeps Wichita production churning

    The paid programs provide 8,000 hours of combined classroom and on-the-job training and translate to full-time opportunities with the company.

    01/26/2023SPR
    Boeing rethinking its plans for China MAX jets

    The manufacturer had previously said it would look to re-market some of the MAXes in storage for Chinese customers. That's changing with the jet's return to service in the country.

    01/25/2023SPR
    Boeing Co. pins latest struggles to supply chain

    CEO says constraints are improving, but are not yet where the manufacturer needs them to be "as we think about stable production rates going forward.

    01/20/2023SPR
    Spirit AeroSystems to Release Fourth Quarter and Full-Year 2022 Financial Results February 7

    WICHITA, Kan., January 20, 2023--Spirit AeroSystems Holdings, Inc. [NYSE: SPR] will release its fourth quarter and full-year 2022 financial results at 6:30 a.m. Central Standard Time Tuesday, February 7, 2023.

    01/20/2023SPR
    Boeing ordered to federal court over 737 MAX

    A federal judge has ordered Boeing to appear in court Jan. 26 for arraignment on a 2021 felony charge.

    01/18/2023SPR
    Spirit AeroSystems names new leader for defense and space

    Spirit AeroSystems Inc. on Wednesday announced the appointment of Mark Miklos as the leader of its defense and space unit as long-time executive Duane Hawkins plans to retire,  Miklos will take the division helm as senior vice president on April 1 and will become a member of Spirit’s executive leadership team. “We are pleased to have Mark Miklos lead Spirit’s growing defense and space business,” CEO Tom Gentile said in a press release.

    01/18/2023SPR
    Mark Miklos Named Leader of Spirit AeroSystems Defense & Space Unit

    WICHITA, Kan., January 18, 2023--Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced that Mark Miklos has been named Senior Vice President of the company’s Defense & Space business, effective April 1, 2023. Miklos will replace Duane Hawkins, current Executive Vice President; President Defense & Space, who has announced his intent to retire at the end of March 2023.

    01/13/2023SPR
    Boeing 737 MAX returns to service in China

    China Southern Airlines on Friday flew the country's first domestic MAX flights in nearly four years.

    01/11/2023SPR
    Boeing 737 MAX again slated for return in China

    After having been grounded in the country since early 2019, the Boeing Co. 737 MAX could be flying again in China later this week. China Southern Airlines has scheduled domestic MAX flights for Friday that, if they stand, would mark the return of Boeing’s (NYSE: BA) most important plane to its most important international market. The MAX was grounded globally in March 2019 following two deadly crashes in a span of five months that killed all 346 people aboard the aircraft.