Spirit Aerosys Stock Price, News & Analysis
Company Description
Spirit AeroSystems Holdings, Inc. (historical SPR stock) represented one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business and regional jets. The company’s Class A common stock traded on the New York Stock Exchange under the ticker SPR until it was removed from listing pursuant to a Form 25 filed by the NYSE, followed by a Form 15 terminating registration under the Securities Exchange Act of 1934. Spirit AeroSystems became a wholly owned subsidiary of The Boeing Company through a merger completed on December 8, 2025, as disclosed in its Form 8‑K.
According to company disclosures, Spirit AeroSystems focused on the design and manufacture of aerostructures, with core products that included fuselages, integrated wings and wing components, pylons, and nacelles. The business served both commercial aircraft and defense platforms, as well as business and regional jets. Spirit also operated an aftermarket business that supplied spare parts and provided maintenance, repair and overhaul (MRO) activity for commercial and business/regional jets.
The company stated that it had expertise in aluminum and advanced composite manufacturing. These capabilities supported its role in major commercial programs for Boeing and Airbus and in defense and space applications. Prior to its acquisition, Spirit reported that its backlog included work packages on commercial platforms in the Airbus and Boeing backlogs, and that it relied significantly on both The Boeing Company and Airbus SE and their affiliates for a substantial portion of its revenues, as described in its earnings releases and risk factor discussions.
Business segments and activities
Spirit AeroSystems reported its operations in three primary segments:
- Commercial – Manufacturing aerostructures for large commercial aircraft programs, including fuselage sections, wing structures, pylons and nacelles for Boeing and Airbus platforms. Company releases describe forward losses and changes in estimates tied to programs such as the Boeing 737 and 787 and the Airbus A220 and A350.
- Defense & Space – Supplying aerostructures and related components for defense platforms and strategic programs, including activity on programs such as the Boeing P‑8, KC‑46 Tanker, KC‑135 and Sikorsky CH‑53K, as referenced in quarterly results.
- Aftermarket – Providing spare parts and MRO services for commercial and business/regional jets. Spirit’s disclosures note higher spare part sales and MRO activity as key drivers for this segment.
In addition to its aerostructures work, Spirit previously owned Fiber Materials Inc. (FMI), a business focused on high‑temperature materials and reinforced composites used in thermal protection systems and rocket motor components. Spirit later sold FMI to Tex‑Tech Industries, Inc., as described in a company press release and corresponding Form 8‑K.
Geographic footprint
Spirit AeroSystems reported that it was headquartered in Wichita, Kansas. Company communications describe facilities in the United States, United Kingdom, France, Malaysia and Morocco, and reference operations or sites in locations such as Wichita and Dallas in the U.S., Prestwick in Scotland, Belfast in Northern Ireland, Casablanca in Morocco, and Subang in Malaysia. These sites supported commercial aerostructures, defense work and aftermarket services.
As part of the regulatory path to its acquisition by Boeing, Spirit entered into a stock and asset purchase agreement with Airbus SE to transfer certain assets and sites involved in the production of Airbus aerostructures, including facilities or work in Kinston (North Carolina), Saint‑Nazaire (France), Casablanca (Morocco), Prestwick (Scotland), Wichita (for A220 pylons) and Belfast (for A220 wings and potentially mid‑fuselage), as described in an April 28, 2025 press release. Spirit also signed an agreement to sell its Subang, Malaysia facility and businesses to Composites Technology Research Malaysia Sdn. Bhd. (CTRM), with that facility described as an engineering and manufacturing operation providing aerostructures assembly and services.
Relationship with Boeing and Airbus
Public filings and press releases highlight that Spirit AeroSystems had extensive, long‑standing relationships with both Boeing and Airbus. The company supplied fuselages for the Boeing 737 program and major structures for the 767, 777 and 787 programs, and it produced aerostructures for Airbus programs including the A220, A320, A321 and A350. Spirit’s backlog figures, as reported in multiple quarterly releases, included work packages across Airbus and Boeing commercial platforms.
On June 30, 2024, Spirit entered into an Agreement and Plan of Merger with The Boeing Company and a Boeing subsidiary. Subsequent company disclosures describe significant liquidity challenges, reliance on customer advances from Boeing and Airbus, and the development of liquidity enhancement plans. The merger with Boeing, together with the divestiture of Airbus‑related businesses to Airbus SE and the sale of the Subang operation to CTRM, was completed on December 8, 2025, as reported in Spirit’s Form 8‑K. Following the transaction, Boeing announced that it would integrate Spirit’s commercial and aftermarket operations into its Commercial Airplanes and Global Services organizations and establish Spirit Defense as a non‑integrated subsidiary within Boeing Defense, Space & Security.
Corporate status and trading history
Historically, Spirit AeroSystems Holdings, Inc. was a publicly traded company with its Class A common stock listed on the New York Stock Exchange under the symbol SPR. On December 8, 2025, Boeing announced the completion of its acquisition of Spirit AeroSystems. That same date, the NYSE filed a Form 25 to remove Spirit’s Class A common stock from listing and registration under Section 12(b) of the Exchange Act. On December 18, 2025, Spirit filed a Form 15 certifying the termination of registration under Section 12(g) and the suspension of reporting obligations under Sections 13 and 15(d). These filings indicate that SPR ceased to trade as a listed security and that Spirit AeroSystems no longer files periodic reports as an independent public registrant.
Risk and financial considerations (historical)
In its earnings releases and cautionary statements, Spirit AeroSystems described several key risks and uncertainties, including:
- Substantial doubt about its ability to continue as a going concern prior to the merger, driven by reduced projected revenue and cash flows, production and delivery process changes implemented by Boeing, lower than planned Boeing 737 production rates, and the absence of price increases on Airbus programs.
- Dependence on the global aerospace supply chain, including the cost and availability of raw materials and purchased components, and the impact of inflation and geopolitical conditions.
- Exposure to program‑specific forward losses and unfavorable changes in estimates on major Boeing and Airbus programs.
- Reliance on Boeing and Airbus SE and their affiliates for a significant portion of revenues.
These historical disclosures are relevant for investors analyzing the former SPR stock or reviewing Spirit’s role within Boeing’s broader aerospace operations.
How SPR information is used today
Because Spirit AeroSystems is now a wholly owned subsidiary of Boeing and its registration has been terminated, SPR functions as a historical ticker rather than an actively traded stock. Information about Spirit’s past financial performance, risk factors, major contracts and segment results remains accessible through archived SEC filings and press releases. This historical record can help investors and researchers understand Boeing’s supply chain, the economics of large aerostructures programs, and the evolution of Spirit’s commercial, defense and aftermarket businesses prior to integration into Boeing.