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finally released its earnings report Monday afternoon. As expected, Spirit reported Q2 revenue growth of 13% year over year, to $1.5 billion. The company was unable to earn a profit, however, instead reporting a $1.47-per-share loss for the quarter.
Spirit AeroSystems Holdings , a supplier of aircraft parts, reported a second-quarter loss on Monday as it took charges tied to expected cost increases for airplane programs. The loss was $209.4 million, or $1.47 a diluted share, compared with a
Topics The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California March 14, 2012. Boeing Co ( BA.N ) on Wednesday stuck by its forecast for plane production despite turmoil at a key supplier, and made a pitch for export
Local Spirit AeroSystems, the subject of buyout rumors in recent weeks, rocked the local aerospace community Tuesday when it announced plans to sell its Tulsa and McAlester manufacturing sites, which together employ close to 3,000 people. The city
Spirit AeroSystems plans to take a $350 million to $400 million pre-tax charge related primarily to the Gulfstream business jet program, the company said Tuesday. It also has begun a process to divest its operations in Tulsa and McAlester, Okla...The
Local A former death-row inmate whose state case was overturned in June now faces federal charges for the same three murders. A woman has been arrested in connection with the stabbing death of her husband, the Okmulgee County Sheriff's Office said.
Boeing Co. has expanded inspections of emergency locator beacons made by Honeywell International to include five more aircraft types after problems were discovered with the transmitters on Boeing 787 jets. Spirit AeroSystems received $2.55 million in
The first forward fuselage section for Boeing's KC-46A tanker, being built for the U.S...Completion of the forward fuselage was marked by a rollout ceremony at the company plant, which was attended by representatives of Boeing and the Air Force. "We
The Daily Mail, a British newspaper, is reporting today that GKN, an aerospace components group, may be on the verge of submitting a bid for Spirit AeroSystems for $5 billion "cash and shares bid, worth around $35 a share." The paper is reporting
Boeing has completed the firm configuration of the 737 MAX 8, the company announced Tuesday. The 737 MAX 8 is the upgraded version of Boeing's popular 737 NG single-aisle airplane. Completion of the configuration means the project can proceed to the