Boeing to pay Spirit AeroSystems up to $350M in advance payments [Yahoo! Finance]
Spirit Aerosystems Holdings, Inc. (SPR)
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am
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US:NYSE Investor Relations:
investor.spiritaero.com
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Source: Yahoo! Finance
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The agreement calls for Spirit to produce Boeing products at the rates required by Boeing. According to Spirit, Boeing intends the money to address several Spirit issues, including: High levels of inventory, Lower operational cash flows, A decrease in expected deliveries to Boeing, Higher factory costs to maintain readiness and Lingering effects brought on by the recent strike at Boeing Spirit AeroSystems must repay 25% of the advance on: April 30, 2026, June 30, 2026, Sept. 30, 2026, and Dec. 31, 2026. Deputies find pickup belonging to Kansas man who has been missing since August On Nov. 5, Spirit filed a quarterly form with the U.S. Securities and Exchange Commission and said it would need additional liquidity to continue its operations over the next 12 months. In the SEC form, Spirit said it was considering strategies that included cus
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SPR
News
- Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead [Yahoo! Finance]Yahoo! Finance
- Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI) [Yahoo! Finance]Yahoo! Finance
- Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)PR Newswire
- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with AirbusPR Newswire
SPR
Earnings
- 8/5/24 - Miss
SPR
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 8-K
- SPR's page on the SEC website