Welcome to our dedicated page for Spirit Aerosys news (Ticker: SPR), a resource for investors and traders seeking the latest updates and insights on Spirit Aerosys stock.
This page provides a historical news archive for Spirit AeroSystems Holdings, Inc. (former NYSE: SPR), a major aerostructures manufacturer that became a wholly owned subsidiary of The Boeing Company following a merger completed on December 8, 2025. The news flow around SPR documents Spirit’s role in the global aerospace supply chain and the sequence of events leading to its integration into Boeing and the divestiture of certain businesses to Airbus SE and Composites Technology Research Malaysia Sdn. Bhd. (CTRM).
News items in this archive include quarterly and annual financial results, where Spirit reported revenue trends, operating losses, forward‑loss charges and backlog levels across its Commercial, Defense & Space and Aftermarket segments. Releases also discuss liquidity measures such as customer advances from Boeing and Airbus, bridge and term loan amendments, and management’s assessment of substantial doubt about the company’s ability to continue as a going concern prior to the merger.
Another major category of coverage involves strategic transactions. Press releases describe the Agreement and Plan of Merger with Boeing, shareholder approval of the acquisition, the definitive agreement with Airbus to transfer assets and sites involved in Airbus aerostructures production, and the sale of Spirit’s Subang, Malaysia facility to CTRM. Additional items cover divestitures such as the sale of Fiber Materials Inc. to Tex‑Tech Industries, as well as board changes and governance developments.
Investors, researchers and aviation industry observers can use this news archive to trace how Spirit AeroSystems managed program performance on Boeing and Airbus platforms, addressed supply chain and cost pressures, and ultimately transitioned from an independent public company to part of Boeing’s integrated aerospace operations. For ongoing developments, users should consult Boeing’s current disclosures, as SPR news after deregistration reflects historical context rather than new standalone company updates.
Spirit AeroSystems announced an amendment to its acquisition agreement with Bombardier, reducing the purchase price from $500 million to $275 million. The deal involves acquiring Shorts and Bombardier Aerospace North Africa, with Spirit assuming liabilities related to Shorts' pension (approximately $300 million) and a repayable investment agreement (about $290 million). The total enterprise value of the acquisition is now $865 million. The acquisition is expected to close on October 30, 2020, enhancing Spirit's position in the aerospace market.
Spirit AeroSystems (NYSE:SPR) has declared a quarterly cash dividend of $0.01 per share on its common stock. This dividend will be paid on January 4, 2021, to stockholders who are on record as of the close of business on December 14, 2020. This move underscores the company's commitment to returning value to its shareholders amidst its operations in designing and building aerostructures for commercial and defense sectors.
Spirit AeroSystems will announce its third quarter 2020 financial results on November 3, 2020, at 6:30 a.m. CT. President and CEO Tom Gentile and CFO Mark Suchinski will discuss the results during a conference call at 10 a.m. CT. The presentation will feature a live audio stream and a Q&A session, accessible via the company’s investor relations website. Spirit AeroSystems, headquartered in Wichita, Kansas, specializes in designing and manufacturing aerostructures for commercial and defense sectors.
Spirit AeroSystems announced the successful closure of a private offering of $500 million in 5.500% Senior Secured First Lien Notes due 2025. Concurrently, the company closed on a $400 million Senior Secured Term Loan B. The net proceeds will be used for general corporate purposes. The offering was made under an exemption from the Securities Act, targeting qualified institutional buyers. The senior notes and term loan are secured by assets of Spirit and are positioned as senior secured obligations, ranking equally with existing senior indebtedness.
Spirit AeroSystems, based in Wichita, Kansas, has priced a private offering of $500 million of 5.500% Senior Secured First Lien Notes due 2025. This offering increased from the initial $400 million. The company plans to use the proceeds for general corporate purposes, with the closing expected around October 5, 2020. The notes will be secured by specific assets, ranking equally with existing senior debt. Interest payments will begin January 15, 2021. The offering is made under a Securities Act exemption and is not registered.
Spirit AeroSystems, Inc. is offering $400 million of Senior Secured First Lien Notes due 2025 in a private offering. The net proceeds will be utilized for general corporate purposes. The offering is guaranteed by the Company and its subsidiary and secured by certain assets, ranking equally with existing senior debts. The Notes will be sold to qualified institutional buyers and are not registered under the Securities Act. This press release does not constitute an offer to sell or a solicitation to buy the Notes.
Spirit AeroSystems (NYSE: SPR) has announced a significant expansion of its aftermarket operations in Asia through a multi-year partnership with Evergreen Aviation Technologies Corporation (EGAT) and a maintenance agreement with EVA Air for 777 GE90 nacelles. This collaboration aims to reduce MRO costs for airlines by providing local repair services, thereby increasing aircraft uptime and enhancing service capabilities. The partnership also allows Spirit to support a wider range of aircraft fleets and could lead to substantial cost savings by minimizing outsourcing.
Spirit AeroSystems has announced a strategic partnership with Belcan, effective Sept. 9, 2020. This collaboration includes a Memorandum of Understanding (MOU) for Belcan to provide engineering capabilities at Spirit's Aerospace Innovation Centre in Prestwick, Scotland. The focus will be on wing engineering and multi-disciplinary support. The center, covering 85,000 square feet, aims to enhance collaborative efforts and innovative aerostructure design. Both companies expressed enthusiasm about this partnership as a key milestone in developing advanced aircraft architectures.
Spirit AeroSystems will have its President and CEO Tom Gentile and CFO Mark Suchinski present at the 8th Annual Morgan Stanley Laguna Conference on September 15, 2020, at 2:15 p.m. ET. This virtual event will allow investors and interested parties to access the presentation live on the company’s investor relations website. An audio replay will be available for six months after the event. Spirit AeroSystems specializes in designing and manufacturing aerostructures for commercial and defense sectors, with a focus on innovative manufacturing solutions.
Spirit AeroSystems reported a significant decline in second quarter 2020 results, with revenues down 68% year-over-year to $645 million, primarily due to the grounding of the Boeing 737 MAX and COVID-19. Operating losses reached $367 million, and net losses amounted to $256 million, with a diluted EPS of $(2.46). The company implemented cost-saving measures expected to yield $1 billion in annual savings and announced a reduction of commercial workforce by approximately 8,000. The cash balance remained strong at $1.9 billion, but the outlook remains volatile with anticipated forward losses for Q3.