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Spirit AeroSystems (U.S.)

image located by Esteban Rivera, 9 July 2024
Source: https://theaircurrent.com

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Spirit AeroSystems Holdings, Inc. is an American manufacturer of aerostructures for commercial airplanes, headquartered in Wichita, Kansas. It is the world's largest tier-one manufacturer and supplier of aerostructures.

Beginning in February 2005 Boeing sold sold its Wichita factory along with facilities in Tulsa and McAlester, Oklahoma to Canadian investment firm Onex Corporation, with the deal finalizing in June of that same year. Originally formed as Mid-Western Aircraft Systems, it changed its name on July of that same year to its current denomination.

The following year on January 31, 2006 it was announced that it had agreed to acquire the aerostructures business unit from BAE Systems, including its facilities in Prestwick, U.K , with the transaction being completed on April 1, 2006.

On October 31, 2019, Spirit acquired Bombardier Aviation's aerostructures activities and aftermarket services operations in Belfast (a former Short Brothers plant) and Casablanca, with the acquisition completing a year later in October 2020.

In February 2020, Spirit acquired Fiber Materials Inc., a company which specializes in making high-temperature materials and composites, primarily for the defense and space industry, operating out of facilities in Biddeford, Maine and Woonsocket, Rhode Island. In July 2021, the company purchased Applied Aerodynamics, an aerostructures maintenance, repair and overhaul (MRO) facility in Dallas.

After years of losses and quality control problems at Spirit, Boeing started talks to re-acquire Spirit AeroSystems in March 2024 with the announcement of Boeing to buy it back made on June 30, a deal that deal that is expected to close in mid-2025, pending regulatory approval.

Sources: https://www.spiritaero.com/company/overview/overview
https://www.spiritaero.com/company/overview/history
https://www.linkedin.com/company/spiritaero
https://www.crunchbase.com/organization/spirit-aerosystems
https://theaircurrent.com/industry-strategy/boeing-spirit-reintegration-ramp-up-special-report https://www.cityam.com/embattled-boeing-buys-back-spirit-aerosystems-for-3-7bn-after-two-decade-split
https://www.seattletimes.com/business/boeing-announces-purchase-of-spirit-aerosystems-for-4-7-billion-in-stock
and https://en.wikipedia.org/wiki/Spirit_AeroSystems

For additional information go to Spirit Aero (official website): https://www.spiritaero.com

Esteban Rivera, 9 July 2024

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image located by Esteban Rivera, 9 July 2024
Source: https://www.spiritaero.com/images/spirit-full.png?v=1568350800