American Made Advocacy: Success in Washington Requires Patience, Persistence, and Sustained Focus
The Government Circuit: News on Defense Electronics, Europe, and Sustainability
Defense Speak Interpreted: SWaPing Nanosatellites for Defense Systems
Spirit AeroSystems, Boeing Reach Agreement to Support Production Stability
October 18, 2023 | Spirit AeroSystems, Inc.Estimated reading time: Less than a minute
Spirit AeroSystems, Holdings Inc. announced that its subsidiary, Spirit AeroSystems Inc., entered into a Memorandum of Agreement (MoA) with The Boeing Company. The agreement enables greater collaboration to achieve improved quality and higher deliveries in the future. "Boeing and Spirit will continue to work shoulder to shoulder to mitigate today's operational challenges," said Spirit AeroSystems.
President and CEO Patrick M. Shanahan said: "Our collective teams will focus on further generating supply chain performance and resiliency. This united effort to synchronize our production systems will enable greater market responsiveness and delivery assurance."
The agreement strengthens the strategic relationship between Spirit and Boeing for the long-term to fulfill operational commitments and airline expectations.
Share on:
Suggested Items
Spirit Electronics Adds Zero-Error Systems to Provide Ultra-High Reliability Protection from Radiation in Space Applications
10/25/2024 | Spirit ElectronicsSpirit Electronics announces franchised distribution for Zero-Error Systems (ZES) to support ultra-high reliability semiconductors and ICs operating in challenging radiation environments.
Spirit Electronics Offers TE Connectivity’s Sensor Products in Franchised Distribution Agreement
10/15/2024 | BUSINESS WIRESpirit Electronics announces franchised distribution for TE Connectivity’s sensor product lines. TE Sensors are engineered for performance and reliability, offering flexible and durable solutions for Spirit’s aerospace and defense customers.
Spirit Electronics Adds Oscillator Manufacturer Q-Tech to Franchised Distribution Lines
07/30/2024 | BUSINESS WIRESpirit Electronics announces franchised distribution for Q-Tech Corporation, offering crystal oscillators for the aerospace and defense supply chain. Q-Tech produces high-reliability crystal oscillators for space, military, avionics and extreme environment applications.
Spirit AeroSystems Announces Acquisition by Boeing in $8.3 Billion Transaction
07/01/2024 | Spirit AeroSystems, Inc.Spirit AeroSystems announced it has entered into a definitive merger agreement under which The Boeing Company will acquire Spirit for $37.25 per share in Boeing common stock.
Airbus Enters Agreement with Spirit AeroSystems
07/01/2024 | AirbusAirbus SE (stock exchange symbol: AIR) has entered into a binding term sheet agreement with Spirit AeroSystems in relation to a potential acquisition of major activities related to Airbus, notably the production of A350 fuselage sections in Kinston, North Carolina, U.S., and St. Nazaire, France; of the A220’s wings and mid-fuselage in Belfast, Northern Ireland, and Casablanca, Morocco; as well as of the A220 pylons in Wichita, Kansas, U.S.