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.
Spirit said this week it is seeking ways to raise liquidity including possible customer advances. The supplier has previously ...
According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Schneider National (SNDR – Research ...
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Airbus Must Deliver 211 Aircraft In Two Months To Reach 2024 Target is published in Aviation Daily, an Aviation Week ...
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.
Spirit Aerosystems (SPR) has disclosed a new risk, in the Corporate Activity and Growth category. Spirit Aerosystems faces significant ...
Supply issues that contributed to the structural and quality defects on 737 MAX fuselages precipitated cash shortage – and ...
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to ...
Spirit AeroSystems reported on Tuesday in a quarterly filing that “substantial doubt” exists about the company’s ability to ...