Spirit Aerosystems

The International Association of Machinists and Aerospace Workers (IAM) has reached a tentative four-year labor agreement with Spirit AeroSystems.

In the aerospace and defense industry, financially speaking, the kids are all right.

Boeing’s biggest supplier stumbles amid another production-related issue.

What if airframer Boeing offered to buy back the Wichita aerostructures operations of Spirit AeroSystems, would Spirit be open to it?

Boeing estimates that 75% of the 225 737 MAXs in the company’s undelivered inventory must be repaired.

New repair and training centers along with joint ventures and support contracts feature in Contracts and News Briefs this month.

Boeing is sticking with its full-year and long-term guidance for narrowbody production and corporate financials but warns the ride will be bumpy.

Parts supplied by Spirit AeroSystems must be inspected and repaired on many 737 MAXs.

The MROs signed a cooperation agreement to market services in the region where neither has a physical presence.

A production problem with vertical stabilizer fittings will force Boeing to repair some undelivered 737 MAXs and delay an unspecified number of deliveries.

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

Deliveries were paused for more than a month as Boeing was forced to rework airworthiness limitations math.

New repair and trainings centers, along with joint ventures and support contracts feature in Contracts and News Briefs this month.

Jormaco initially will provide nacelle repair services for IAE V2500, CFM International CFM56-5B and CFM56-7B engines.

The Tenth Circuit overturned a $45 million win by the former Spirit Aero CEO in an earlier federal district case, returning the dispute to the district level.

The latest 787 delivery pause came after Boeing discovered a latent error in old certification data.

The India-based MRO provider will offer specific repair services for Boeing narrowbody aircraft.

Spirit AeroSystems celebrated the rollout of the 100th forward fuselage for the KC-46 aerial refueling tanker, the military version of the Boeing 767.

The OEM needs to “think globally and produce locally” and modernize its supply chain model in North America.

After a long period of tame increases, price spikes are returning as a fact of life in aerospace and defense.

Industry experts fear the long-expected consolidation of the supplier base is about to begin in earnest.

The awards, combined with prior rounds of funding announced in September and November 2021, bring the total to $673 million to protect jobs at 593 U.S. companies,

Share prices of publicly traded A&D companies in 2021 were up from catastrophic 2020, but still down from pre-pandemic heights.

The big, scary supply chain issue haunting the aerospace industry is actually the fragility and weakening position of lower-tier suppliers whose fate depends on the robustness of a commercial aero recovery.

Spirit AeroSystems is now making several changes it had wanted to make eventually in a much quicker fashion—potentially turning its labor-intensive, 20th-century style factories into modern marvels of digitally driven lean manufacturing efficiency.