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 its acquisition by Boeing for $37.25 per share, equating to an equity value of approximately $4.7 billion and an enterprise value of $8.3 billion, including net debt.
Boeing [NYSE: BA] announced a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR] in an all-stock transaction valued at $4.7 billion, with a total transaction value of $8.3 billion, including Spirit's net debt. Spirit shareholders will receive Boeing shares based on an exchange ratio related to Boeing's share price. This acquisition aims to enhance Boeing's commercial production, safety, and quality management systems, ensuring continuity for key U.S. defense programs and providing long-term value to stakeholders. The deal also involves the sale of certain Spirit operations to Airbus and is expected to close by mid-2025, subject to regulatory approvals and other conditions.
Spirit AeroSystems [NYSE: SPR] announced that Mark Suchinski is stepping down as Senior Vice President and Chief Financial Officer. Irene Esteves, former Executive Vice President and Chief Financial Officer of Time Warner Cable, has been appointed the new CFO effective immediately. Suchinski will stay on for a transition period to assist Esteves. CEO Patrick M. Shanahan praised Suchinski's nearly two decades of leadership and welcomed Esteves' extensive experience and financial acumen, which will support Spirit AeroSystems' strategic initiatives. Spirit AeroSystems is a leading manufacturer of aerostructures for commercial airplanes, defense platforms, and business jets, with facilities in multiple countries.
Spirit AeroSystems reported their first quarter 2024 results with revenues of $1.7 billion and an EPS of $(5.31). They are engaged in acquisition discussions with Boeing. The company's revenue increased due to higher production activities. Operating loss rose primarily due to unfavorable changes in estimates and delays in Boeing 737 deliveries. Spirit's current Boeing 737 production rate is 31 aircraft per month. The company's backlog stands at $49 billion. Cash from operations and free cash flow were impacted by production disruptions. Guidance will not be provided until clarity on Boeing discussions and production timing is achieved. Spirit entered an agreement to receive $425 million from Boeing. An incremental forward loss of $50-60 million is expected due to a slower increase in Boeing 787 production. Segment results show increased revenue in the Commercial and Defense & Space segments. Aftermarket segment revenue slightly increased. Total operating loss as a percentage of revenues was 31.0%.
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