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Spirit AeroSystems, the troubled Boeing supplier which builds fuselages and other parts for the company, reported its first adjusted quarterly profit since the start of 2022, helped by increased ...
Airbus’ business with Spirit accounted for $1.1 billion, 19% of its revenue in 2023, according to company filings, while $3.9 billion, or 64% came from business with Boeing.
Boeing said it continues "to work closely with our valued supplier to stabilize our production system and help us deliver for our customers." Shares of Spirit, which must repay the $350 million in ...
Ihssane Mounir, senior vice president of global supply chain for Boeing's commercial airplanes unit, separately told hundreds of suppliers in an email on Tuesday seen by Reuters that the ...
He has held a number of different posts in the years since, and in September became CEO of Boeing’s major supplier, Spirit AeroSystems, which makes the fuselages for the Boeing 737 Max among ...
A strike by about 33,000 Boeing workers in the Pacific Northwest that started Sept. 13 halted production of those planes and Boeing 737 Max jets. Boeing faces a new FAA review as a key supplier ...
The deal between the two U.S.-based companies is valued at about $6.43 billion based on Woodford's Friday close of $121.96, and values Hexcel at $76.23 per share, a premium of 4.5% from Hexcel's ...
A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those ...