July 28, 2014 2:39 PM ET

Aerospace and Defense

Company Overview of Spirit AeroSystems, Inc.

Company Overview

Spirit AeroSystems, Inc. operates as a non-OEM designer and manufacturer of aerostructures for commercial, military, and business/regional jets. It offers composite and metallic aircraft fuselages, propulsion systems, wing structures, pylons, nacelles, and wing components. The company also provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services. It serves commercial and military customers in North America, Europe, Asia, and internationally. Spirit AeroSystems, Inc. was formerly known as Mid-Western Aircraft Systems, Inc. and changed its name to Spirit AeroSystems, Inc. in July 2005. The company was incorporated in 2004 an...

3801 South Oliver Street

Wichita, KS 67210-2112

United States

Founded in 2004





Key Executives for Spirit AeroSystems, Inc.

Chief Executive Officer and President
Age: 55
Chief Financial Officer and Senior Vice President
Age: 54
Chief Operations Officer and Executive Vice President
Age: 58
Chief Technology Officer and Senior Vice President
Age: 62
Chief Adminstrative Officer and Senior Vice President
Age: 43
Compensation as of Fiscal Year 2014.

Spirit AeroSystems, Inc. Key Developments

Federal Judge Dismisses 35 Plaintiffs from Lawsuit Against Boeing and Spirit AeroSystems

A Kansas federal judge last week dismissed 35 plaintiffs from a lawsuit alleging that Boeing and Spirit AeroSystems terminated employees because of their age. Judge Eric Melgren said the plaintiffs failed to comply with orders to respond to repeated discovery requests for information and documents. The suit stems from Boeing’s sale of its commercial aircraft operations in Wichita, Tulsa and McAlester, Okla., to Onex Corp. in 2005. According to the initial lawsuit, Boeing fired more than 10,000 employees from the three sites before the sale, which included a disproportionate number of older workers. Spirit rehired more than 8,300 of those workers, but it was less likely to hire the older workers, the original lawsuit alleges, a move that violates the Age Discrimination in Employment Act. The former employees appealed the decision, but it was upheld by the Court of Appeals. Last year, the District Court allowed the plaintiffs to file a complaint asserting individual claims against the company.

Spirit AeroSystems Inc. Lays Off Some Salaried Employees at its Plant in Kinston, N.C

Spirit AeroSystems Inc. has laid off some salaried employees at its plant in Kinston, N.C. as work there on the Airbus A350 begins to transition from development to production. The company did not disclose the number of layoffs but described them as a 'small number'. Employees affected are being offered severance packages.

Spirit AeroSystems, Inc. Presents at Sanford C. Bernstein Strategic Decisions Conference, May-30-2014 11:00 AM

Spirit AeroSystems, Inc. Presents at Sanford C. Bernstein Strategic Decisions Conference, May-30-2014 11:00 AM. Venue: Waldorf-Astoria Hotel, 301 Park Avenue, New York, New York, United States. Speakers: Larry A. Lawson, Chief Executive Officer and President.

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