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Spirit AeroSystems Holdings Inc (SPR.N)

SPR.N on New York Stock Exchange

89.45USD
18 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Spirit Aerosystems And Norsk Titanium Announce Start Of Production Qualification For Commercial Aircraft Parts
Monday, 16 Jul 2018 

July 16 (Reuters) - Spirit AeroSystems Holdings Inc ::SPIRIT AEROSYSTEMS AND NORSK TITANIUM ANNOUNCE START OF PRODUCTION QUALIFICATION FOR COMMERCIAL AIRCRAFT PARTS.SPIRIT AEROSYSTEMS- AGREEMENT TO INITIATE QUALIFICATION OF SPIRIT'S FIRST ADDITIVE-MANUFACTURED, TITANIUM, STRUCTURAL COMPONENT FOR BOEING 787.  Full Article

Spirit Aerosystems Says Entered Senior Unsecured Second Amended, Restated Credit Agreement
Friday, 13 Jul 2018 

July 13 (Reuters) - Spirit AeroSystems Holdings Inc ::SPIRIT AEROSYSTEMS HOLDINGS SAYS ON JULY 12, ENTERED $1.26 BILLION SENIOR UNSECURED SECOND AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.SPIRIT AEROSYSTEMS HOLDINGS - CREDIT AGREEMENT CONSISTS OF $800 MILLION REVOLVING CREDIT FACILITY, $206 MILLION TERM LOAN A FACILITY.SPIRIT AEROSYSTEMS HOLDINGS - CREDIT AGREEMENT ALSO CONSISTS OF $250 MILLION DELAYED DRAW TERM LOAN FACILITY.SPIRIT AEROSYSTEMS HOLDINGS - CREDIT AGREEMENT REFINANCES, REPLACES AMENDED AND RESTATED CREDIT AGREEMENT DATED JUNE 6, 2016.SPIRIT AEROSYSTEMS HOLDINGS - EACH OF THE REVOLVER, TERM LOAN AND DELAYED DRAW TERM LOAN MATURE JULY 12, 2023.  Full Article

Spirit CEO Comments On 737 Recovery, Accelerated Share Repurchase Plan And Financing Activity At Conference In NYC
Friday, 1 Jun 2018 

June 1 (Reuters) - Spirit AeroSystems Holdings Inc ::SPIRIT CEO COMMENTS ON 737 RECOVERY, ACCELERATED SHARE REPURCHASE PLAN AND FINANCING ACTIVITY AT CONFERENCE IN NYC.SPIRIT AEROSYSTEMS HOLDINGS INC - SEEING POSITIVE IMPACTS FROM 737 RECOVERY EFFORTS & EXPECT TO BE FULLY RECOVERED TO SCHEDULE BY MID-YEAR.  Full Article

Spirit AeroSystems Sees Improvement In Q2 Deliveries
Wednesday, 2 May 2018 

May 2 (Reuters) - Spirit AeroSystems Holdings Inc ::SPIRIT AEROSYSTEMS - OUR GOAL IS TO HAVE NO DELAYED DELIVERIES FOR SECOND HALF OF YEAR AND THEREFORE, NO EXPEDITED FREIGHT CHARGES - CEO ON CONF CALL.SPIRIT AEROSYSTEMS - SEES $15 MILLION OF COST SYNERGIES FROM DEAL TO BUY ASCO INDUSTRIES.SPIRIT AEROSYSTEMS - ON BOEING 737 PARTS SUPPLY, WE GOT BEHIND AS MANY AS 13-15 UNITS, WE'VE CUT THAT DOWN TO ABOUT 5 AND WE'LL BE CAUGHT UP BY JUNE.SPIRIT AEROSYSTEMS - SHOULD SEE A VERY HEALTHY IMPROVEMENT IN Q2 OF THE TOTAL NUMBER OF DELIVERIES THAT WE MADE, PARTICULARLY ON 737 PROGRAM.  Full Article

Darsana Capital Partners Reports 5.23 Pct Passive Stake In Spirit Aerosystems Holdings
Tuesday, 17 Apr 2018 

April 16 (Reuters) - Spirit AeroSystems Holdings Inc ::DARSANA CAPITAL PARTNERS LP REPORTS 5.23 PERCENT PASSIVE STAKE IN SPIRIT AEROSYSTEMS HOLDINGS INC AS OF APRIL 4, 2018 - SEC FILING.  Full Article

Senior Says Malaysian Unit Secures Multi-Year Spirit Aerosystems Contract
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Senior Plc ::MULTI-YEAR SPIRIT AEROSYSTEMS CONTRACT.UNIT ‍SENIOR AEROSPACE UPECA (MALAYSIA) SECURES FIVE-YEAR CONTRACT WITH SPIRIT AEROSYSTEMS​.  Full Article

Spirit Aerosystems Plans Expansion, Job Growth In Wichita
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Spirit Aerosystems Holdings Inc SPR.N::SPIRIT AEROSYSTEMS PLANS MAJOR EXPANSION, JOB GROWTH IN WICHITA, KAN..SAYS ‍PLANS FOR EXPANSION, INCLUDING ADDITION OF 1,000 JOBS, CAPITAL INVESTMENTS TOTALING $1 BILLION OVER NEXT 5 YRS AT WICHITA FACILITY​.  Full Article

Spirit Aerosystems holdings Q3 earnings per share $1.26
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Spirit Aerosystems Holdings Inc :Spirit Aerosystems announces solid third quarter 2017 operating results with EPS up 9% Y/Y and cash from operations up 9% Y/Y; finalized definitive agreements with boeing; executed $194 million in share repurchases.Q3 earnings per share $1.26.Q3 revenue $1.7 billion versus I/B/E/S view $1.73 billion.Q3 earnings per share view $1.26 -- Thomson Reuters I/B/E/S.Spirit Aerosystems Holdings Inc - ‍finalized definitive agreements with boeing to settle open commercial issues on a range of programs into 2022​.Spirit Aerosystems - backlog at end of Q3 was approximately $45 billion, with work packages on all commercial platforms in boeing and airbus backlog​.Spirit Aerosystems Holdings Inc - ‍ "for 2017 we are reaffirming our guidance"​.FY2017 earnings per share view $5.25, revenue view $6.92 billion -- Thomson Reuters I/B/E/S.Spirit Aerosystems -Q3 revenue primarily driven by higher production deliveries on boeing 737 and 787 programs and increased defense-related activity.Spirit Aerosystems - ‍ operating income for Q3 down slightly primarily due to lower production deliveries on boeing 777 program, lower gcs&s activity​.Spirit Aerosystems Holdings Inc qtrly ‍ revenues $1,748 million versus $1,711 million​.  Full Article

Spirit Aerosystems says ‍reached licensing agreement with NDT Solutions
Tuesday, 17 Oct 2017 

Oct 16 (Reuters) - Spirit Aerosystems Holdings Inc ::Spirit aerosystems - ‍reached licensing deal with NDT Solutions LLC.Spirit aerosystems - ‍licensing agreement to commercialize co's inspection device for ultrasonic inspection of complex, integrated composite structures​.  Full Article

Spirit Aerosystems Holdings Q3 earnings per share $1.16
Tuesday, 1 Nov 2016 

Spirit Aerosystems Holdings Inc : Spirit Aerosystems Holdings reports third quarter 2016 financial results; raises full-year guidance on revenue, eps, and cash; completed existing repurchase program and announces new $600 million repurchase program; initiates quarterly dividend . Q3 earnings per share $1.16 . Q3 earnings per share view $1.07 -- Thomson Reuters I/B/E/S . Q3 revenue $1.7 billion versus i/b/e/s view $1.65 billion . Sees FY 2016 revenue up $100 million to $6.7 billion-$6.8 billion . Initiates quarterly dividend of $0.10 per share . Sees FY adjusted earnings per share $4.50 to $4.65 . Free cash flow guidance for FY is also increasing to a new range of $400 - $425 million .Sees FY 2016 EPS increased from $3.45 - $3.65 to $3.65 - $3.80.  Full Article

Boeing to incur charge related to sale of production facilities

July 13 Boeing Co said on Friday it would incur a charge of $124 million in the second quarter related to the sale of some production facilities to Spirit Aerosystems .