Spirit AeroSystems and Boeing are nearing a funding agreement to support the struggling aerospace supplier. Spirit, facing financial strain and production challenges, expects significant cash outflow.
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
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(Reuters) - Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Boeing and the aerospace supply chain have navigated a costly labor strike with surprising ease. One of Boeing’s key ...
Bombardier's third-quarter revenue beat analysts' estimates on Thursday, helped by strong demand for business jet parts and ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Israel has secured a $5.2 billion deal with Boeing for 25 advanced F-15 fighter jets, financed through U.S. military aid, with deliveries starting in 2031.
Supply issues that contributed to the structural and quality defects on 737 MAX fuselages precipitated cash shortage – and ...
In a new filing with the government, Spirit Aerosystems said this week there is “substantial doubt about the Company’s ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...