Spirit AeroSystems News

Reuters • Abhijith Ganapavaram

Boeing Q3 Loss Exceeds $6B Amid Strikes and Strategic Challenges

Boeing reported a $6.2 billion net loss for Q3 2024, driven by IAM strikes and program execution issues, while CEO Kelly Ortberg emphasizes cultural change and recovery strategy. The company's defense segment faces continued losses on challenging military contracts.

2024-10-23T04:46:55.539086-07:00

ibtimes.com

Kelly Ortberg Named Boeing CEO Amid Financial and Regulatory Challenges

2024-08-07T19:31:50.992160-07:00

Reuters

Spirit AeroSystems Furloughs 700 Workers Amid Ongoing Boeing Strike

2024-10-18T05:56:07.718367-07:00

Reuters

Boeing Resumes 737 MAX Production Post-Strike; Targets 2025 Output

2024-12-09T20:47:45.003572-08:00

Spirit AeroSystems News Timeline

Belfast Telegraph

Spirit AeroSystems Resumes Belfast Expansion for Airbus Wing Production Spirit AeroSystems has restarted its expansion plans at its Belfast facility to scale up the production of wings for Airbus passenger jets. This move aims to meet increasing demand and optimize the production process at the Northern Ireland site.

2025-03-10T10:38:59.714580-07:00

Spirit AeroSystems Resumes Belfast Expansion for Airbus Wing Production

kake.com

Northrop Grumman's Strategic Expansion in Wichita with B-21 Raider Collaboration During her visit to Wichita, Northrop Grumman CEO Kathy Warden lauded the local contributions to the B-21 Raider project, underscoring the potential for expanded defense and space collaborations. The visit, hosted by Sen. Jerry Moran, emphasized the strategic importance of partnerships with Spirit AeroSystems.

2025-03-03T16:21:39.623093-08:00

Northrop Grumman's Strategic Expansion in Wichita with B-21 Raider Collaboration

Bloomberg Law

Spirit AeroSystems Adjusts DEI Language Post-Texas Inquiry Spirit AeroSystems Holdings Inc. has revised its diversity, equity, and inclusion language in its latest annual report after a Texas state attorney general's scrutiny. This move marks the first change since the investigation into the company's DEI efforts nearly a year ago.

2025-03-03T10:19:12.979810-08:00

Spirit AeroSystems Adjusts DEI Language Post-Texas Inquiry

Reuters

Spirit AeroSystems Faces $577M Loss, Seeks Additional Funding Spirit AeroSystems posted a $577 million operating loss in Q4 2024, drastically down from a $215 million profit a year earlier. The company requires additional cash to sustain operations and had previously expressed doubt about its ability to continue as a going concern.

2025-02-28T14:33:00.993860-08:00

Spirit AeroSystems Faces $577M Loss, Seeks Additional Funding

Aviation Week

Airbus Faces Ongoing Hurdles with Spirit AeroSystems, Satellites and A400M Sales Airbus is contending with persistent challenges in 2025, ranging from supply chain disruptions linked to Spirit AeroSystems, to satellite manufacturing issues, and sluggish sales of its A400M military transport aircraft.

2025-02-24T13:48:07.750797-08:00

Airbus Faces Ongoing Hurdles with Spirit AeroSystems, Satellites and A400M Sales

Financial Times

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Airbus Targets 7% Delivery Increase to 820 Jets in 2025 Amid A350 Freighter Delay Airbus projects a 7% rise in deliveries, reaching 820 jets in 2025, while contending with short-term production pressures and a delayed A350 freighter. Despite challenges, the company reported strong order intake across helicopters, defense, and space sectors.

2025-02-22T13:31:22.090180-08:00

Airbus Targets 7% Delivery Increase to 820 Jets in 2025 Amid A350 Freighter Delay

The Business Journals

Boeing CEO Highlights Spirit AeroSystems' Role in Upcoming Merger Boeing CEO Kelly Ortberg commended Wichita's Spirit AeroSystems for their improved fuselage production, emphasizing the positive impacts expected from Spirit's integration into Boeing later this year, as discussed at a Miami conference.

2025-02-20T14:10:00.865935-08:00

Boeing CEO Highlights Spirit AeroSystems' Role in Upcoming Merger

Yahoo Finance

Airbus Nears Acquisition of Spirit Aero's European Operations Airbus is on the brink of finalizing a deal to acquire Spirit AeroSystems' European branch, signaling a strategic shift with potential impacts on key industry players like Boeing. This acquisition is pivotal for enhancing Airbus's supply chain capabilities and competitive positioning in the aerospace sector.

2025-02-20T13:53:28.194683-08:00

Airbus Nears Acquisition of Spirit Aero's European Operations

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