Spirit AeroSystems Stock Soars on a Big Deal With Boeing. Here's What's In It.

United States News News

Spirit AeroSystems Stock Soars on a Big Deal With Boeing. Here's What's In It.
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Boeing accounted for about 65% of Spirit Aero's revenue in 2022.

Aerospace supplier Spirit AeroSystems said Wednesday that its key customer, Boeing, has agreed to help it through its production problems.

“Our collective teams will focus on further generating supply chain performance and resiliency,” Spirit Aero CEO Patrick M. Shanahan said in a news release Wednesday. “This united effort to synchronize our production systems will enable greater market responsiveness and delivery assurance.” Overall it’s an increase of $190 million in sales over the next decade, but with benefits coming now.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spirit AeroSystems stock surges after production support agreement with Boeing in wake of quality issues with the 737 MaxSpirit AeroSystems stock surges after production support agreement with Boeing in wake of quality issues with the 737 MaxTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Read more »

Spirit Airlines ignites travel spirit with new nonstop route from San Antonio to NewarkSpirit Airlines ignites travel spirit with new nonstop route from San Antonio to NewarkSAN ANTONIO - Spirit Airlines has announced a new route from San Antonio International Airport (SAT) with nonstop service to Newark (EWR).The low-cost-carrier h
Read more »

| Shell PLC Stock Quote (U.K.: London)| Shell PLC Stock Quote (U.K.: London)SHEL | Complete Shell PLC stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Read more »

Longines: Retour En VolLongines: Retour En VolLongines gets its groove back with its first flyback chronograph in years, the Spirit Flyback
Read more »

Parma man with a tall spirit shares his story during Dwarfism Awareness MonthParma man with a tall spirit shares his story during Dwarfism Awareness MonthTroubleshooter Reporter at News 5 Cleveland
Read more »

Spirit Airlines adds Newark nonstop route from San AntonioSpirit Airlines adds Newark nonstop route from San AntonioLow-cost carrier Spirit Airlines will add nonstop service from San Antonio International Airport to Newark Liberty International Airport, which serves the New York City metro, airport officials said.
Read more »



Render Time: 2025-02-16 00:04:42