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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
Spirit AeroSystems
Published: 2015/10/14
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: Where Flight Begins
Spirit AeroSystems: Where Flight Begins
Published: 2017/02/28
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Celebrates 500th Boeing 787
Spirit AeroSystems Celebrates 500th Boeing 787
Published: 2016/10/12
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems operations in Kinston, NC
Spirit AeroSystems operations in Kinston, NC
Published: 2012/05/24
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems at Paris Air Show 2017: Day 1 (June 19)
Spirit AeroSystems at Paris Air Show 2017: Day 1 (June 19)
Published: 2017/06/19
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems at Paris Air Show 2017: Day 2 (June 20)
Spirit AeroSystems at Paris Air Show 2017: Day 2 (June 20)
Published: 2017/06/20
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems at Paris Air Show 2017: Day 3 (June 21)
Spirit AeroSystems at Paris Air Show 2017: Day 3 (June 21)
Published: 2017/06/21
Channel: Spirit AeroSystems: Where Flight Begins
Anna Manson, Engineering Apprentice at Spirit Aerosystems
Anna Manson, Engineering Apprentice at Spirit Aerosystems
Published: 2016/03/08
Channel: Ayrshire College
Spirit celebrates 5,000th delivery of 737NG
Spirit celebrates 5,000th delivery of 737NG
Published: 2014/06/11
Channel: TheWichitaEagle
Spirit AeroSystems
Spirit AeroSystems
Published: 2015/09/03
Channel: Spirit AeroSystems: Where Flight Begins
Global Diversity at Spirit AeroSystems
Global Diversity at Spirit AeroSystems
Published: 2017/03/24
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems
Spirit AeroSystems
Published: 2014/11/17
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: Robotics
Spirit AeroSystems: Robotics
Published: 2015/08/07
Channel: Spirit AeroSystems: Where Flight Begins
Spirit Aero Systems
Spirit Aero Systems
Published: 2012/08/29
Channel: OklahomaHorizonTV
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
2016 Over the Years award | Spirit AeroSystems
2016 Over the Years award | Spirit AeroSystems
Published: 2016/04/11
Channel: Wichita Chamber
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: Saint-Nazaire, France
Spirit AeroSystems: Saint-Nazaire, France
Published: 2015/10/13
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems hiring assembly mechanics
Spirit AeroSystems hiring assembly mechanics
Published: 2015/07/16
Channel: TheWichitaEagle
Spirit of Resilience Celebration at Spirit AeroSystems
Spirit of Resilience Celebration at Spirit AeroSystems
Published: 2012/06/18
Channel: Spirit AeroSystems: Where Flight Begins
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: themusemalaysia
Spirit AeroSystems - Come Home to Kansas
Spirit AeroSystems - Come Home to Kansas
Published: 2016/06/07
Channel: Kansas Department of Commerce
Internships at Spirit AeroSystems
Internships at Spirit AeroSystems
Published: 2015/01/06
Channel: Spirit AeroSystems: Where Flight Begins
2015 Million Dollar Circle - Spirit AeroSystems
2015 Million Dollar Circle - Spirit AeroSystems
Published: 2015/11/20
Channel: UnitedWayPlains
Team Valor: Spirit AeroSystems
Team Valor: Spirit AeroSystems
Published: 2016/02/15
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems Kinston North Carolina Airbus A350 XWB factory grand opening
Spirit AeroSystems Kinston North Carolina Airbus A350 XWB factory grand opening
Published: 2010/07/02
Channel: AsTheCroftFlies
Spirit AeroSystems Engineering
Spirit AeroSystems Engineering
Published: 2015/01/05
Channel: Spirit AeroSystems: Where Flight Begins
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 MRJ Rollout celebration
Spirit AeroSystems MRJ Rollout celebration
Published: 2014/04/28
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems: Marketing Video
Spirit AeroSystems: Marketing Video
Published: 2015/01/16
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems rings closing bell on NYSE
Spirit AeroSystems rings closing bell on NYSE
Published: 2016/11/22
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems
Spirit AeroSystems
Published: 2014/08/13
Channel: NCEast Alliance
Spirit Aerosystems could sell facilities
Spirit Aerosystems could sell facilities
Published: 2013/08/07
Channel: KJRH -TV | Tulsa | Channel 2
CV video self presentation Valentin DUCEPT - SPIRIT AEROSYSTEMS
CV video self presentation Valentin DUCEPT - SPIRIT AEROSYSTEMS
Published: 2013/12/01
Channel: Valou
Tornado damage to Spirit Aerosystems
Tornado damage to Spirit Aerosystems
Published: 2012/04/19
Channel: GForce Engineering
Michelle McNeil Interview, Spirit Aerosystems
Michelle McNeil Interview, Spirit Aerosystems
Published: 2016/03/31
Channel: Ayrshire College
Spirit AeroSystems - PCM Deployment Case Study
Spirit AeroSystems - PCM Deployment Case Study
Published: 2017/03/20
Channel: aPrioriTech
Spirit AeroSystems recovers and looks forward
Spirit AeroSystems recovers and looks forward
Published: 2012/04/23
Channel: Spirit AeroSystems: Where Flight Begins
Spirit AeroSystems recovery video update 4-20-2012
Spirit AeroSystems recovery video update 4-20-2012
Published: 2012/04/21
Channel: Spirit AeroSystems: Where Flight Begins
Jeff Turner | TNW Group & Spirit Aerosystems | Wichita, KS
Jeff Turner | TNW Group & Spirit Aerosystems | Wichita, KS
Published: 2017/01/20
Channel: Startup Grind Local
Spirit AeroSystems recovery update 4-18-2012
Spirit AeroSystems recovery update 4-18-2012
Published: 2012/04/18
Channel: Spirit AeroSystems: Where Flight Begins
The Factory of the Future - Richard Miller, Spirit Aerosystems #AyrshireBytes
The Factory of the Future - Richard Miller, Spirit Aerosystems #AyrshireBytes
Published: 2017/07/05
Channel: Ayrshire College
Spirit AeroSystems tornado recovery progress 4-21-2012
Spirit AeroSystems tornado recovery progress 4-21-2012
Published: 2012/04/22
Channel: Spirit AeroSystems: Where Flight Begins
Tulsa union workers with Spirit AeroSystems vote down proposed contract, fear union could split
Tulsa union workers with Spirit AeroSystems vote down proposed contract, fear union could split
Published: 2014/09/29
Channel: KJRH -TV | Tulsa | Channel 2
787 Line Unit 100 Celebration | Spirit AeroSystems
787 Line Unit 100 Celebration | Spirit AeroSystems
Published: 2012/12/18
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
Spirit AeroSystems: 10 & Rising
Spirit AeroSystems: 10 & Rising
Published: 2015/06/17
Channel: Spirit AeroSystems: Where Flight Begins
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WIKIPEDIA ARTICLE

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Spirit AeroSystems, Inc.
Public
Traded as NYSESPR
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, Alenia, 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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