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Purchase agreement of high-temperature materials business will be added to Tex-Tech’s specialty textiles and fabrics portfolio following customary approvals.
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue operations, leading to Boeing and Airbus loan advancements.
After continued reductions (-36-41%) in 787 production, this key supply chain link for fuselage sections and other composite parts looks at restructuring options for the Grottaglie facility and Aerostructures Division.
Airbus is expected to acquire certain Spirit assets that serve Airbus programs, concurrently with the closing of Spirit's acquisition by Boeing.
A 25.1% increase in revenue and a quadrupled EBIT are being reinforced by initiatives to improve workforce shortages and implement thermoplastic composites into future aircraft.
With Spirit AeroSystems under scrutiny for 737 Max manufacturing issues, Boeing is considering buying back its former aerostructures unit.
New center is equipped with state-of-the-art technologies and a robust team to advance Spirit’s agility and capacity in engineering design and support for global customers.
FLRAA aircraft featuring composite structures from GKN, Spirit and Unitech moves into design maturation and prototyping for anticipated 2026 flight schedule.
The labor standoff, the first in 16 years, is the latest setback in a volatile year for the aerospace company.
Boeing and Spirit AeroSystems have signed an agreement redefining pricing structures and funding to boost production efficiency and collaboration for 737 and 787 programs.
