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Their goal is to create better manufacturing processes, reduce weight, lower costs, improve inspections or otherwise boost Spirit's capabilities and its ability to serve customers. Spirit's technology development efforts are branded ShadowWorks. It's
News More News The 2012 fiscal year was, said Mercer compensation expert Spencer Fields, a perfect storm to plump up executive pay. One force was the pay-for-performance trend, born of pay regulations designed to align executive rewards with
It's been one year since Spirit AeroSystems took a direct hit from a mile-wide EF-3 tornado that tore off roofs, damaged buildings and infrastructure and left debris strewn about the site. Forty of Spirit's major buildings were damaged and many
What a difference a little over five months has made in the bottom line of aircraft parts supplier Spirit AeroSystems. BA ) and its new 787 would help drive results moving forward. Traders, on the other hand, homed in on Spirit's whopping $590
Photos French media are reporting that Airbus is talking with Spirit AeroSystems about the possibility of buying Spirit's A350 XWB assembly plant in Saint-Nazaire, France, in order to get the program back on track. The move could be a dent to Spirit'
Jeff Turner's replacement as CEO and president of Spirit AeroSystems, the world's biggest aerostructures supplier, will have a big job. As head of a publicly traded company, the new CEO must be able to deal with shareholders, bankers and Wall Street.
Spirit AeroSystems reported a record $5.4 billion in revenue in 2012, reflecting higher demand and increased production rates on core programs but net income for the year decreased dramatically. The company also reported increases in revenue and net
How we got here and where we're going Three out of seven possible passing grades isn't particularly impressive. Spirit fell hard in the third quarter when it revealed large tax write-offs for several aircraft programs, which explains why the company'
Photos Boeing plans to begin actively marketing its sprawling Wichita defense facilities by the end of January, a company spokeswoman said Tuesday. It should be on the market by the end of the month, said Kathleen Spicer, a spokeswoman for Boeing's
Analysts and suppliers are closely monitoring Boeing and its professional and technical unions as they return to the negotiating table Wednesday. Federal mediators called for a break in talks before the holidays. Boeing's offers of new labor