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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 ...
In late October, Reuters first revealed a decision by the supplier to temporarily furlough 700 employees, who produce parts for Boeing's 767 and 777 jets, due to space constraints.
Under Onex ownership, Spirit's mandate was to build a portfolio of business with customers other than Boeing. In January 31, 2006, BAE Systems announced it had agreed to sell its aerostructures business, based at Glasgow Prestwick Airport and Samlesbury Aerodrome, to Spirit. [9] The unit is a major supplier to Airbus (80%), Boeing (15%) and ...
Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue [6] and is the largest exporter in the United States by dollar value. [7] Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. [8]
The company operated a fleet of nine Boeing 737-700 Boeing Business Jets in the mid-2000s, since then sold off. [citation needed] In early August 2009, Santulli resigned as CEO and was replaced by David Sokol. Shortly afterward, NetJets moved its corporate headquarters from New Jersey back to its original home in Columbus, Ohio. [21]
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the ...
Spirit Aero said that it had drawn down an entire $350-million bridge loan set up when Boeing agreed to acquire the supplier in June. For more CNN news and newsletters create an account at CNN.com.
Together they are a part of Boeing's larger Electronic and Information Solutions (E&IS) division, which is headquartered at Argon ST's original location in Fairfax, Virginia. Electronic and Information Solutions is a part of Boeing Defense, Space, and Security (BDS) , which are headquartered in Arlington, Virginia and St. Louis, Missouri ...