Aerostructures maker Spirit AeroSystems Holdings, which has been hurt by a strike at Boeing, agreed to sell its Fiber Materials Inc. business to Tex-Tech Industries for $165 million. FMI's ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
The payments are intended to help address high levels of inventory and lower operational cash flows.
Spirit Aerosystems (NYSE:SPR) rose 1.6% after the company confirmed that it entered into an advance payments pact with Boeing ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
Losses have soared to $1.5 billion this year as the company weathers Boeing’s commercial airplane facilities’ strike.
Boeing has agreed to give Spirit AeroSystems , the company that develops aircraft fuselages, a hefty financial boost. The US ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company ...
The airframe manufacturer will get a new cash infusion from its major customer to ensure it can remain financially stable and ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...