A production problem with vertical stabilizer fittings will force Boeing to repair some undelivered 737 MAXs and delay an unspecified number of deliveries.
The Tenth Circuit overturned a $45 million win by the former Spirit Aero CEO in an earlier federal district case, returning the dispute to the district level.
The awards, combined with prior rounds of funding announced in September and November 2021, bring the total to $673 million to protect jobs at 593 U.S. companies,
The big, scary supply chain issue haunting the aerospace industry is actually the fragility and weakening position of lower-tier suppliers whose fate depends on the robustness of a commercial aero recovery.
Spirit AeroSystems is now making several changes it had wanted to make eventually in a much quicker fashion—potentially turning its labor-intensive, 20th-century style factories into modern marvels of digitally driven lean manufacturing efficiency.
Spirit AeroSystems is growing the defense part of its revenue streams faster than expected, which is mildly helping to offset lost work in making airliners, the company’s CEO said Feb. 23.
A team headed by Spirit Aerosystems will lead the development and demonstration of a low-cost unmanned combat aircraft that could go on to operate as a loyal wingman for the UK’s Typhoon, F-35, and later Tempest manned fighters.
Leading Tier 1 supplier Spirit AeroSystems and the U.S. Export-Import Bank (Ex-Im) have inaugurated a new kind of federally backed, discounted-rate lending for aerospace suppliers—beginning with a $40 million transaction based on receivables from Spirit’s lower-tier providers.
Spirit AeroSystems intends to keep pursuing its acquisition of Asco Industries and certain aerostructure assets from Bombardier, despite retrenchment in the com
The largest aerostructures provider to Airbus, Boeing and other aircraft makers will lay off around 1,450 more workers at its Wichita headquarters campus.