Spirit Aerosystems

COVID-19 wiped out six years of growth and hundreds of billions of dollars in economic value.

Supply chain problems with different root causes will keep output below previous forecasts for much of 2024, as 737 challenges draw more scrutiny.

Airbus is raising production of its A350 widebody further to 12 aircraft per month despite the current supply chain constraints that show no signs of easing.

Boeing ended the first quarter of 2024 owing consolidated net debt worth $40.4 billion, up from the $36.3 billion it owed at the end of 2023.

Nearly flawless fuselages and a sufficient supply of heat exchangers are the two key pacing items determining Boeing’s monthly output of 737s and 787s.

Hexcel reported first-quarter 2024 results including net sales of $472 million and adjusted diluted earnings per share (EPS) of $0.44 per share.

A reckoning in Renton, Washington, and Wichita is triggering jitters over a potential earthquake across the supply chain.

Progress on 787 quality problems is challenged by whistleblower claims of long-term fleet safety risks.

Boeing is working to validate recommendations for inspections on 787 forward pressure bulkheads to identify potential problems in the critical subassemblies.

This week’s staff movements highlight changes at one of the world’s most distinctive airports, an ambitious British startup, and a growing U.S. airport.

Tom Gentile succeeds Chairman, CEO and President Nick Stanage, “who worked closely with the board on his desire to retire at the end of the year,” Hexcel says.

A new Royal Air Force strategy lays out plans for the introduction of larger systems after having developed small, swarming platforms.

Boeing’s new leadership in Commercial Airplanes and at the top are likely just the beginning of major changes at the manufacturing giant.

A revamped master supplier schedule is one sign the company may be serious about addressing years of problematic quality.

Our roundup of the main aerospace and defense stories making the news this week.

CFO Brian West told a Bank of America investor conference that Boeing would buy back Spirit using cash and debt; Boeing ended 2023 with almost $16 billion.

The company is working on changing long-established priorities that valued speed over quality.

Spirit AeroSystems will build and test a large, experimental wing to support high-speed aircraft applications under a new DARPA program.

General Electric is dead—long live GE Aerospace. Behold the newest pure-play aerospace and defense giant.

Talks to acquire troubled aerostructures supplier Spirit Aerosystems hold big implications for Boeing—and Airbus. Our editors break it down.

Our roundup of the main aerospace and defense stories making the news this week.

Can a second marriage born of a shotgun wedding be successful? Boeing and Spirit talk merger.

Engineered parts provider Barnes Group has settled with an activist hedge fund and will change its board of directors.

The absence of documentation on a process critical to an in-service occurrence points to broad gaps in Boeing's quality oversight process.

Production of new MAXs was believed by Jefferies analysts to have fallen to mid-20s for January and below 20 in February.