Profile: Spirit Aerosystems Holdings Inc (SPR.N)
26.00USD
10:46am EDT
$0.26 (+1.01%)
$25.74
$25.62
$26.00
$25.57
28,570
278,978
$26.70
$13.96
Spirit AeroSystems Holdings, Inc. (Holdings), incorporated on February 7, 2005, is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures. The Company operates in three segments: Fuselage Systems, which includes forward, mid and rear fuselage sections; Propulsion Systems, which includes nacelles, struts/pylons and engine structural components, and Wing Systems, which includes wing systems and components, flight control surfaces and other miscellaneous structural parts. The Company is an independent supplier of aerostructures to The Boeing Company (Boeing). In addition, it is an independent suppliers of aerostructures to Airbus S.A.S. (Airbus). The Company is engaged in production of the majority of the airframe content for the Boeing B737. In addition, it is a content supplier of wing systems for the Airbus A320 family. It is a supplier for the Airbus A380. In April 2012, it opened a 55,000-square-foot manufacturing facility in Chanute, Kansas.
The Fuselage Systems segment includes development, production and marketing of forward, mid and rear fuselage sections and systems, primarily to aircraft OEMs, as well as related spares and maintenance, repairs and overhaul (MRO). The Fuselage Systems segment manufactures products at its facilities in Wichita, Kansas and Kinston, North Carolina, with an assembly plant for the A350 XWB in Saint-Nazaire, France. The Propulsion Systems segment includes development, production and marketing of struts/pylons, nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Propulsion Systems segment manufactures products at its1 facilities in Wichita, Kansas. The Wing Systems segment includes development, production and marketing of wings and wing components (including flight control surfaces) and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services. The Wing Systems segment manufactures products at its facilities in Tulsa and McAlester, Oklahoma; Prestwick, Scotland; Subang, Malaysia, and Kinston, North Carolina.
Commercial Aircraft Structures
The Company principally designs, engineers and manufactures commercial aircraft structures, such as fuselages, nacelles (including thrust reversers), struts/pylons, wings and wing assemblies and flight control surfaces. The Company is the sole-source supplier of 97% of the products the Company sells to Boeing and Airbus. Its products include Fuselage Systems, Propulsion Systems and Wing Systems.
Military Equipment
The Company also designs, engineers and manufactures structural components for military aircraft. The 737 P-8A, 737 C40 and 767 Tanker are commercial aircraft modified for military use. Other military programs for which it provides products are AWACS (E-6), the development of the Sikorsky CH-53K, and various other programs. Rotorcraft is part of the Fuselage Systems segment and low observables, radome and other military are part of the Wing Systems segment.
Aftermarket
The Company has developed its global sales and marketing channel for spare parts, with sales offices in Singapore, Ireland, China and the United States. its Spirit catalog has over 14,000 parts that it is selling directly to the marketplace by virtue of having obtained parts manufacturing approvals from the Federal Aviation Administration (FAA). In the area of MRO it has repair stations in Wichita, Kansas, with FAA and European Aviation Safety Agency (EASA) certifications, and Prestwick, Scotland, which is EASA-certified with FAA certification pending. In addition, the Company operates an MRO repair station through a joint venture in Jinjiang, China, Taikoo Spirit AeroSystems Composite Company, Ltd., which holds Civil Aviation Administration of China certification and FAA approval.
The Company competes with Airbus, The Boeing Company, Dassault Aviation, Embraer Brazilian Aviation Co., Gulfstream Aerospace Co., Hawker Beechcraft Corporation, United Technologies Corporation, Textron Inc., Aircelle S.A., Alenia Aeronautica, Fuji Heavy Industries, Ltd., GKN Aerospace, The Goodrich Corporation, Kawasaki Heavy Industries, Inc., Mitsubishi Heavy Industries, Sonaca, Triumph Group, Inc., Latecoere S.A., Aerolia SAS, Premium Aerotech GmbH and Nexcelle.
Company Address
Spirit Aerosystems Holdings Inc
3801 South Oliver
WICHITA KS 67210
P: +1316.5269000
F: +1302.6365454
Company Web Links
| Name | Compensation |
|---|---|
Robert Johnson |
-- |
Larry Lawson |
-- |
Philip Anderson |
1,371,160 |
H. David Walker |
852,713 |
Samantha Marnick |
-- |

