News
Airbus has agreed to increase financial support for its ailing aerostructures supplier Spirit AeroSystems.
Boeing Corp.’s takeover of Spirit AeroSystems has been pending for more than a year, and the pending $4.7 billion all-stock deal has now been taken up by the U.K.’s Competition and Markets Authority, ...
Boeing is set to acquire the non-Airbus operations of a Spirit AeroSystems plant in Northern Ireland, the largest manufacturing complex in the country.
Boeing Co.’s $4.7 billion deal to buy Spirit AeroSystems Holdings Inc. will face UK antitrust investigation, the country’s antitrust watchdog said.
Spirit AeroSystems confirmed that furloughs will continue into next month for hundreds of employees working in Boeing 737 programs.
Spirit AeroSystems is burning cash rapidly, with first-quarter free cash flow burn already at $474 million. Read why I do not recommend holding SPR stock.
Spirit AeroSystems was the largest independent aerostructure manufacturer, originally spun out of Boeing in 2005. The firm produces fuselages, wing structures, and structures that house and ...
Bombardier officials say they will consider buying the work Spirit AeroSystems’ performs related to the production of Bombardier business jets.
Spirit AeroSystems temporarily lays off up to 350 employees due to inventory surplus, aiming to support long-term workforce stability.
Spirit Aerosystems (SPR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Spirit AeroSystems said there is "substantial doubt about the company's ability to continue as a going concern" though Boeing and Airbus are planning to acquire portions of the parts maker.
Between 250-350 employees at Spirit AeroSystems in Wichita were notified Friday morning that their job will soon be furloughed for about a month because of a backlog, spokesperson Joe Buccino said.
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