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.

Boeing

Boeing is in talks to buy its former subsidiary Spirit AeroSystems while it delayed plans for suppliers to ramp up 737 jetliner production, as the company tries to get control of a sprawling crisis sparked by a Jan. 5 mid-air panel blowout.

Boeing looks to buy supplier Spirit Aero as it delays jet production

Spirit AeroSystems (NYSE: SPR ) stock is up an impressive 13% today amid rumors that the parts maker may be acquired by Boeing (NYSE: BA ). Indeed, according to a person familiar with the matter, Boeing is in talks to repurchase Spirit, which currently produces the fuselages for Boeing's 737 Max jets.

SPR Stock Alert: Spirit AeroSystems Soars on Potential Boeing Acquisition

Shares of Spirit AeroSystems surged Friday following a report it could be bought by Boeing as the aviation giant seeks to right itself amid its latest safety crisis.

Spirit Aerosystems shares surge on report of possible Boeing buy

Spirit AeroSystems stock jumped Friday after the Wall Street Journal reported Boeing is in talks to acquire the company.

Spirit AeroSystems Stock Surges More Than 10% On Report Boeing Is Contemplating Acquisition

Boeing Co. is interested in buying supplier Spirit AeroSystems, which is at the center of several of the recent quality problems at the aerospace and defense company, the Wall Street Journal reported, citing people familiar with the negotiations.

Spirit AeroSystems' stock rallies 16% after report that Boeing is in talks to buy supplier

Boeing, which spun Spirit off as an independent business in the 2000s, is reportedly in discussions about bringing this important supplier back into the fold. The separation has not yielded the intended results for either company, and Boeing arguably needs to fully control the Spirit production lines to implement quality improvements.

Why Spirit AeroSystems Stock Is Flying High Today

Fuselage maker Spirit Aerosystems surges on report that Boeing could buy it back

Boeing Co is in talks to buy Spirit AeroSystems , the beleaguered supplier reeling from a string of quality lapses, the Wall Street Journal reported on Friday.

Boeing in talks to buy beleaguered supplier Spirit Aero, WSJ reports

WICHITA, Kan. , Feb. 26, 2024 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced that Jane P.

Spirit AeroSystems Names Jane Chappell to Board of Directors

Airbus SE

Airbus acknowledged supply issues affecting its planned production ramp-up during its annual press conference reviewing 2023 results. This comes as Boeing BA faces its own narrowbody production challenges.

Airbus Tackles Supply Chain, Spirit AeroSystems In Production Ramp-Up

TD Cowen analyst Cai von Rumohr upgraded the stock to Buy from Hold.

Spirit Aero Stock Gets an Upgrade. Lower Boeing 737 MAX Production Can Help.

Spirit AeroSystems' (SPR) Q4 earnings improve year over year. The top line benefits from solid performance across all segments.

Spirit AeroSystems (SPR) Q4 Earnings Miss, Revenues Rise Y/Y

Spirit AeroSystems Holdings, Inc. (SPR) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Spirit Aerosystems (SPR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Spirit Aerosystems (SPR) Q4 Earnings: A Look at Key Metrics

Shares of Spirit AeroSystems Holdings Inc. SPR, -4.74% were little changed in premarket trading Tuesday, after the aircraft-components maker reported a surprise fourth-quarter profit, but said it would not provide financial guidance until the timing of 737 Max production rate increases by its customer Boeing Co. BA, -1.31% becomes clear. The company swung to net income of $58.7 million, or 52 cents a share, from a net loss of $243.1 million, or $2.32 a share, in the year-ago period, amid a $205.6 million loss reversal resulting from an October agreement with Boeing on price adjustments for the Boeing 787 program and the reversal of a potential claim related to the 737.

Spirit AeroSystems reports a surprise profit but won't provide guidance until timing of 737 Max production increases becomes clear

Spirit AeroSystems on Tuesday postponed providing a forecast for 2024 after customer Boeing was barred from raising its 737 MAX production following a mid-air cabin panel blowout.

Spirit Aero postpones providing 2024 forecast

WICHITA, Kan. , Feb. 6, 2024 /PRNewswire/ --  Fourth Quarter 2023 Revenues of $1.8 billion EPS of $0.52; Adjusted EPS* of $0.48 Cash provided by operations of $113 million; Free cash flow* of $42 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported fourth quarter and full-year 2023 financial results.

Spirit AeroSystems Reports 2023 Results

With the findings of new production faults, Boeing BA and its supplier Spirit AeroSystems SPR face additional delays in the 737 MAX production while Boeing confronts criticism from customers for lapses in its quality culture.

Boeing, Spirit AeroSystems Tackle Mis-Drilled Holes 737 MAX Set Back

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) Earnings Expected to Grow: Should You Buy?

Spirit Aerosystems (SPR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Spirit Aerosystems (SPR) Soars 7.0%: Is Further Upside Left in the Stock?

LOS ANGELES--(BUSINESS WIRE)---- $SPR--The Law Offices of Frank R. Cruz Continues Its Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors.

The Law Offices of Frank R. Cruz Continues Its Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Spirit AeroSystems Holdings, Inc. ("Spirit" or the "Company") (NYSE: SPR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Spirit AeroSystems Holdings, Inc. - SPR

WICHITA, Kan. , Jan. 18, 2024 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) will release its fourth quarter and full-year 2023 financial results at 6:30 a.m.

Spirit AeroSystems to Release Fourth Quarter and Full-Year 2023 Financial Results February 6

Boeing supplier Spirit AeroSystems will put in place additional inspections for its 737 fuselage production line following the mid-air cabin panel blowout of an Alaska Airlines 737 MAX 9 jet, Spirit's CEO said on Tuesday.

Spirit AeroSystems to add further inspections to Boeing 737 fuselage production -CEO

NEW YORK , Jan. 10, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Spirit AeroSystems Holdings, Inc. (NYSE: SPR). If you currently own shares of Spirit AeroSystems Holdings, Inc., please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=15844 for more information.

Equity Alert: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Spirit AeroSystems Holdings, Inc. - SPR

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