PHOENIX--(BUSINESS WIRE)--Spirit Electronics announces franchised distribution for Zero-Error Systems (ZES) to support ultra-high reliability semiconductors and ICs ...
(WJET/WFXP) — Boeing announced on Monday that they have agreed to a definitive merger agreement to acquire Spirit AreoSystems. “We believe this deal is in the best interest of the flying public, our ...
WICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the Company’s ability to continue as a going concern.” It also says a plan to ...
Editor’s Note: Story has been updated to add a line-of-credit agreement with Airbus. WICHITA, Kan. (KSNW) — One week after Spirit AeroSystems announced it has “substantial doubt” about its ability to ...
After the Alaska Airlines door plug blowout in January, Spirit AeroSystems’ stock price has been under pressure. In early March, Boeing confirmed that they have been in discussions with Spirit about a ...
Spirit AeroSystems hiked deliveries of aircraft structures in 2023 but still lost $633 million as it continues seeking to right money-losing programmes and address quality concerns. “Over the past ...
Spirit AeroSystems is working to renegotiate loss-making supply contracts with Airbus and to refinance more than $1 billion in debt coming due in 2025, efforts executives describe as requiring urgent ...
US-based aerospace giant Boeing (NYSE: BA) is in the process of reacquiring Spirit AeroSystems in an all-equity deal valued at around $4.7 billion. This will allow the manufacturer to regain tighter ...
WICHITA, Kan. (KSNW) – Spirit AeroSystems confirms that it is in talks with Boeing about a possible acquisition. According to a Wall Street Journal report released on Friday, Spirit hired bankers to ...
Spirit AeroSystems, which performs about 70% of the work on Boeing 737 airplanes, released a statement on Monday regarding the in-air fuselage blowout that Alaska Airlines Flight 1282 suffered on ...
In my previous report from August, I downgraded Spirit AeroSystems (SPR) stock to a hold. Since then, some positive events did occur which made some of my confidence in the company return. In this ...
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