|Bid||79.20 x 1000|
|Ask||0.00 x 800|
|Day's Range||84.93 - 87.10|
|52 Week Range||53.47 - 105.20|
|PE Ratio (TTM)||28.85|
|Forward Dividend & Yield||0.48 (0.57%)|
|1y Target Est||N/A|
The leasing company's CEO says the order will involve rivals Boeing and Airbus, but won't necessarily be split evenly between the two.
Both sides claim victory in WTO ruling; Airbus calls for negotiations to end the long-standing dispute.
Spirit says in court documents that Lawson's suit should be dismissed because he cannot, in the company's opinion, support the claim of breach of contract.
A collaborative program that aims to match teens with employers for meaningful summer internships is gaining support and popularity each year.
Paid manufacturing program for a group of Tulsa high school students will begin next month.
The Zacks Analyst Blog Highlights: L3, Spirit AeroSystems, Leidos, Huntington Ingalls and Boeing
Could challenges Airbus and Boeing face in the wake of the United States' announcement that it will withdraw from the Iran Nuclear Agreement trickle down to North Carolina aerospace manufacturers?
Spirit Aerosystems took on extra expenses in its most recent quarter – and some of that was spent in Kinston, where the manufacturer dropped extra cash to make sure its massive fuselages arrived on time.
The company is attempting once again to lessen its dependence on a handful of Boeing programs. There's reason for hope this time they will get it right.
Former Wichitan and current Boeing Defense CEO Leanne Caret is intent on getting the USAF the first 18 tankers this year.
At the end of the first quarter, Leidos Holdings' (LDOS) backlog of signed business orders was $17.6 billion, of which $4.6 billion was funded.
News of improving production flow on Spirit's largest program and a major acquisition help bolster company's stock in wake of first-quarter earnings.
Huntington Ingalls' (HII) first-quarter revenues came in at $1.87 billion, which surpassed the Zacks Consensus Estimate of $2.01 billion by 6.2%.
Addition of Asco, in a deal expected to close later this year, will bring new customers, capabilities and facilities under the wing of Wichita's largest employer.
Spirit as of Tuesday said it had trimmed the number of deliveries it is behind to five.
Spirit AeroSystems Holdings Inc. rose the most in nine months after Chief Executive Officer Tom Gentile reassured investors that late shipments of 737 jetliner fuselages to Boeing Co. would get back on schedule by June. The airframe manufacturer reported first-quarter revenue Wednesday that was more than analysts had expected, while announcing a $650 million acquisition that will bring it more work on military and Airbus SE aircraft. The delays have caused Spirit to spend heavily on overtime and expedited freight charges, while raising questions about whether suppliers can keep pace with the ambitious production increases planned by Boeing and Airbus.
Spirit AeroSystems has agreed to acquire SRIF, the parent company of family-owned Belgian aerostructure specialist Asco Industries, for a cash sum of $650 million. The US aerostructures manufacturer says the transaction will be financed through debt and will be completed during the second half of 2018.
Wichita, Kansas-based Spirit makes some 70 percent of the structure of the 737, the world's most-sold commercial plane, but has faced disruptions this year in its own supply chain as parts makers scrambled to meet soaring demand. The company's remarks should go some way in easing concerns that Boeing might face problems in delivering on record orders during a period of booming air travel. As Boeing ramps up production, Spirit has put more people to work with its suppliers, deploying what it called "SWAT teams" at more than a dozen suppliers to tackle manufacturing disruptions.
Spirit AeroSystems said on Wednesday it would get back on track supplying components for Boeing's 737 narrow-body aircraft by mid-2018, after struggling to meet record demand from its top customer this year. Wichita, Kansas-based Spirit makes some 70 percent of the structure of the 737, the world's most-sold commercial plane, but has faced disruptions this year in its own supply chain as parts makers scrambled to meet soaring demand. The company's remarks should go some way in easing concerns that Boeing might face problems in delivering on record orders during a period of booming air travel.
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