Propulsion Systems announced unaudited earnings results for the first quarter ended March 28, 2013. For the quarter, the company reported revenues were $375.3 million against $344.0 million for the same period last year. Earnings from operations were $65.3 million against $58.3 million a year ago.

Spirit AeroSystems Holdings, Inc. announced unaudited consolidated earnings results for the first quarter ended March 28, 2013. For the quarter, the company reported revenues were $1.442 billion, up 14% from $1.266 billion for the same period of 2012, driven by higher production volumes and model mix. Operating income was $145 million, up from $122 million for the same period in 2012, driven by increased volume and productivity and efficiency on core programs, partially offset by a net pre-tax of $15 million additional forward-loss on the 787 program related to the wing. Net income for the quarter was $81 million, or $0.57 per fully diluted share, compared to net income of $74 million, or $0.52 per fully diluted share, in the same period of 2012. The increase in current quarter income was partially offset by the negative impact of foreign currency exchange rates. Cash flow from operations was a $45 million use of cash for the first quarter of 2013, compared to a $12 million source of cash for the first quarter of 2012. Purchases of property, plant & equipment was $74.4 million against $54.2 million a year ago. Purchases of property, plant & equipment – severe weather related expenses were $5.8 million. Operating earnings was $206.5 million against $167.4 million a year ago. Income before income taxes and equity in net loss of affiliate was $117.1 million against $107.5 million a year ago. Earnings per share excluding impact of severe weather event were $0.61 against $0.52 a year ago. The company most recently issued financial guidance for the full-year 2013 on February 12, 2013. The company's expectations with respect to its core programs continue to be consistent with that guidance.

Wing Systems announced unaudited earnings results for the first quarter ended March 28, 2013. For the quarter, the company reported revenues were $343.3 million against $296.6 million for the same period last year. Earnings from operations were $18.2 million against $20.8 million a year ago.