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Spirit AeroSystems Senior Vice President on Rapid Prototyping for the V-280
Spirit AeroSystems Senior Vice President on Rapid Prototyping for the V-280
Published: 2018/07/18
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: 737 Rapid Build
Spirit AeroSystems: 737 Rapid Build
Published: 2018/03/09
Channel: Spirit AeroSystems: Where Flight Begins
A Story of Scale: Spirit AeroSystems’ Sheer Size May Surprise You
A Story of Scale: Spirit AeroSystems’ Sheer Size May Surprise You
Published: 2018/06/01
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: Where Flight Begins
Published: 2017/02/28
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: The Manufacturing of a Boeing 787 at Spirit
Spirit AeroSystems: The Manufacturing of a Boeing 787 at Spirit
Published: 2016/10/12
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Unveils Fabrication Center of Excellence
Spirit AeroSystems Unveils Fabrication Center of Excellence
Published: 2018/02/21
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems.  !st Amendment Audit  NEW
Spirit AeroSystems. !st Amendment Audit NEW
Published: 2018/02/09
Channel: JPayne39
Spirit AeroSystems: Fabrication
Spirit AeroSystems: Fabrication
Published: 2017/10/05
Channel: Spirit AeroSystems: Where Flight Begins
Anna Manson #WhatIActuallyDo Interview, Spirit Aerosystems
Anna Manson #WhatIActuallyDo Interview, Spirit Aerosystems
Published: 2016/03/17
Channel: Ayrshire College
Spirit AeroSystems Celebrates 500th Boeing 787
Spirit AeroSystems Celebrates 500th Boeing 787
Published: 2016/10/12
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Director of Program Management on Growth in Fabrication
Spirit AeroSystems Director of Program Management on Growth in Fabrication
Published: 2018/07/16
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: CH-53K Program Final STDA Delivery
Spirit AeroSystems: CH-53K Program Final STDA Delivery
Published: 2018/06/08
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Announces Collaboration with Wichita State University
Spirit AeroSystems Announces Collaboration with Wichita State University
Published: 2018/04/13
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems announces $1 billion Wichita expansion
Spirit AeroSystems announces $1 billion Wichita expansion
Published: 2017/12/08
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems is hiring
Spirit AeroSystems is hiring
Published: 2017/10/04
Channel: KSN TV
Spirit AeroSystems operations in Kinston, NC
Spirit AeroSystems operations in Kinston, NC
Published: 2012/05/24
Channel: Spirit AeroSystems: Where Flight Begins
From The Top: Tom Gentile, Spirit Aerosystems
From The Top: Tom Gentile, Spirit Aerosystems
Published: 2018/07/16
Channel: We Are FINN
Spirit AeroSystems Underscores Engineering as a Key to Defense Success
Spirit AeroSystems Underscores Engineering as a Key to Defense Success
Published: 2018/07/16
Channel: Spirit AeroSystems: Where Flight Begins
2013 Million Dollar Circle Award to Spirit AeroSystems
2013 Million Dollar Circle Award to Spirit AeroSystems
Published: 2014/03/14
Channel: UnitedWayPlains
2013 Tooling Overview
2013 Tooling Overview
Published: 2013/07/12
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Focuses on the Importance of Step Function Improvement
Spirit AeroSystems Focuses on the Importance of Step Function Improvement
Published: 2018/07/16
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: Singapore Airshow 2018
Spirit AeroSystems: Singapore Airshow 2018
Published: 2018/01/30
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems
Spirit AeroSystems' Tornado Recovery story
Published: 2012/06/18
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems recovery video update
Spirit AeroSystems recovery video update
Published: 2012/04/19
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems hiring assembly mechanics
Spirit AeroSystems hiring assembly mechanics
Published: 2015/07/16
Channel: Wichita Eagle
Join Spirit at a 2-day hiring event in Houston May 3-4
Join Spirit at a 2-day hiring event in Houston May 3-4
Published: 2018/04/23
Channel: Spirit AeroSystems: Where Flight Begins
Team Valor: Spirit AeroSystems
Team Valor: Spirit AeroSystems
Published: 2016/02/15
Channel: Spirit AeroSystems: Where Flight Begins
Working at Spirit Aerosystems, culture, pay, work life
Working at Spirit Aerosystems, culture, pay, work life
Published: 2018/07/01
Channel: Stay Awake
Spirit AeroSystems
Spirit AeroSystems
Published: 2015/09/03
Channel: Spirit AeroSystems: Where Flight Begins
Generations of Excellence
Generations of Excellence
Published: 2018/03/09
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems 1st Annual Wichita KS Toy Run
Spirit AeroSystems 1st Annual Wichita KS Toy Run
Published: 2017/12/08
Channel: R Groshans
VIDEO: Spirit Aerosystems considers alternative options after Oklahoma union employees refuse new co
VIDEO: Spirit Aerosystems considers alternative options after Oklahoma union employees refuse new co
Published: 2017/06/13
Channel: FOX23 News Tulsa
Greg Yoder in "Spirit Aerosystems Recruitment Video"
Greg Yoder in "Spirit Aerosystems Recruitment Video"
Published: 2010/07/08
Channel: Greg Yoder
Spirit AeroSystems
Spirit AeroSystems' Kondrotis on Industry Partnerships, Additive Manufacturing, Verticality
Published: 2017/09/26
Channel: Defense & Aerospace Report
Spirit Aerosystems (Boeing) NewsReel5-26
Spirit Aerosystems (Boeing) NewsReel5-26
Published: 2013/03/01
Channel: Duane DAV
Spirit Aerosystem Annual Dinner   IDCC Shah Alam@www.themuse.my
Spirit Aerosystem Annual Dinner IDCC Shah Alam@www.themuse.my
Published: 2016/05/20
Channel: The Muse Entertainment
Machinist Union / Spirit Aerosystems Negotiations 2008
Machinist Union / Spirit Aerosystems Negotiations 2008
Published: 2008/06/30
Channel: IAMsouthern
CCPC CPM Arman Abdul Khalid of Spirit Aerosystems Malaysia speech
CCPC CPM Arman Abdul Khalid of Spirit Aerosystems Malaysia speech
Published: 2017/07/26
Channel: IGM Academy
Spirit AeroSystems: Saint-Nazaire, France
Spirit AeroSystems: Saint-Nazaire, France
Published: 2015/10/13
Channel: Spirit AeroSystems: Where Flight Begins
Spirit 3- and 4-axis Center of Excellence
Spirit 3- and 4-axis Center of Excellence
Published: 2018/04/09
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems high tech grand opening of Kinston North Carolina facility
Spirit AeroSystems high tech grand opening of Kinston North Carolina facility
Published: 2010/07/02
Channel: AsTheCroftFlies
Global Diversity at Spirit AeroSystems
Global Diversity at Spirit AeroSystems
Published: 2018/03/21
Channel: Spirit AeroSystems: Where Flight Begins
Internships at Spirit AeroSystems
Internships at Spirit AeroSystems
Published: 2015/01/06
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems - Come Home to Kansas
Spirit AeroSystems - Come Home to Kansas
Published: 2016/06/07
Channel: Kansas Department of Commerce
Spirit AeroSystems
Spirit AeroSystems
Published: 2014/11/17
Channel: Spirit AeroSystems: Where Flight Begins
Spirit Aero Systems
Spirit Aero Systems
Published: 2012/08/29
Channel: OklahomaHorizonTV
Spirit AeroSystems Discuss the Role of Optimization in the Aerospace Industry
Spirit AeroSystems Discuss the Role of Optimization in the Aerospace Industry
Published: 2012/07/26
Channel: AltairProductDesign
Spirit AeroSystems Meets Production Demand Via Automated Technologies
Spirit AeroSystems Meets Production Demand Via Automated Technologies
Published: 2018/07/16
Channel: Spirit AeroSystems: Where Flight Begins
Governor Pat McCrory Tours Spirit Aerosystems Facilities
Governor Pat McCrory Tours Spirit Aerosystems Facilities
Published: 2013/09/29
Channel: Office of Governor Pat McCrory
Tornado damage to Spirit Aerosystems
Tornado damage to Spirit Aerosystems
Published: 2012/04/19
Channel: Chris Nichols
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WIKIPEDIA ARTICLE

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Spirit AeroSystems, Inc.
Public
Traded as NYSESPR (Class A)
Russell 1000 Component
Industry Aerospace and defense
Founded 2005
Headquarters Wichita, Kansas, United States
Key people
Tom Gentile, CEO
Sanjay Kapoor, CFO
Samantha Marnick, CAO
Products Aerostructures
Revenue $6.8 billion (2016)
Number of employees
15,000
Website www.spiritaero.com

Spirit AeroSystems, Inc. ("Spirit"), based in Wichita, Kansas, is the world's largest first-tier aerostructures manufacturer. The company builds several important pieces of Boeing aircraft, including the fuselage of the 737, portions of the 787 fuselage, and the cockpit section of the fuselage (referred to as "Section 41" by Boeing) of nearly all of its airliners. Spirit also produces fuselage sections and front wing spars for the Airbus A350.[1] Spirit's main competition comes from Triumph Aerostructures - Vought Aircraft Division,[2] UTC Aerospace Systems, Leonardo, and Kawasaki Heavy Industries.

History[edit]

Spirit was formed when Boeing Commercial Airplanes sold its Wichita division to investment firm Onex. Boeing Defense, Space & Security retained its military business in Wichita, which lies on neighboring land. The Wichita division was responsible for construction of many important aircraft in Boeing's history, including the B-29 Superfortress, B-47 Stratojet, and B-52 Stratofortress. Spirit can trace its legacy back even further to Stearman Aircraft, which was founded on the same site; Stearman later became part of Boeing. Spirit also includes North American Aviation's former Tulsa and McAlester facilities (both in Oklahoma).

In June 2016, it was announced that Tom Gentile was named CEO, replacing Larry Lawson.[3]

Mergers[edit]

On January 31, 2006, BAE Systems announced it had agreed to sell its aerostructures business, based at Glasgow Prestwick Airport and Samlesbury Aerodrome, to Spirit.[4] The BAE unit, which was renamed Spirit AeroSystems (Europe) Ltd., is a major supplier to Raytheon (5%), Airbus (80%), and Boeing (15%). The transaction was completed on April 1, 2006. Spirit paid GBP 80 million for the business.[5]

Spirit AeroSystems[edit]

In 2010, 96% of Spirit's revenue came from its two largest customers: 85% of sales were from Boeing, 11% from Airbus. In 2009 these two customers represented 96% of sales for Spirit as well.[6]

After planning to take Spirit public,[7] at initial public offering on November 21, 2006, the firm's stock rose 10% on the first day.[8] In November 2006, Onex owned 58% of Spirit, which resulted in 92% of voting power, as its shares conferred "supervoting" power.[8] The chief architect of the Onex purchase of Spirit was Nigel S. Wright, who was later Chief of Staff for the Canadian Prime Minister until his resignation as part of an expense scandal. In August 2014 the Onex Group sold all of its remaining shares of Spirit. Over the course of the nine-year investment, the Onex Group received aggregate proceeds of approximately $3.2 billion on its initial $375 million investment.[9]

Former House Majority Leader Richard Gephardt (D-MO) serves as a labor consultant for Spirit and sits on its board of directors.[10][11]

Facilities[edit]

Glasgow-Prestwick plant.
Saint-Nazaire, France manufacturing plant.

References[edit]

External links[edit]

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