Aerospace & Defense: Airline And Government Spending Turbulence Extends Downside Risk
Aerospace and Defense companies are in a difficult situation as the November election threatens to heighten military spending rancor. Russia recently cut defense spending in order to increase stimulus efforts. The U.S may follow suit if more populists win in the election. The industry is also weighed down by a lack of commercial aircraft demand which has already bankrupt one Boeing supplier. Many Aerospace & Defense stocks appear cheap, but their earnings may seen significant declines over the years to come.
Seekingalpha · 2d ago
Boeing Stock Rises After 737 Max Gets Sign Of Hope From Key International Regulator
Investor's Business Daily · 2d ago
Spirit AeroSystems terminates Asco acquisition deal, more than 2 years after it was announced
Spirit AeroSystems Holdings Inc. undefined disclosed Friday that ihas reached an agreement to terminate the deal to buy Asco Industries N.V. parent, S.R.I.F....
MarketWatch · 2d ago
Spirit AeroSystems cancels acquisition of Asco Industries
Spirit AeroSystems (SPR) terminates the acquisition of Asco Industries N.V. parent, S.R.I.F. NV. as the conditions of the deal had not been satisfied.The deal was announced two years back in May 2018 for $650M,
Seekingalpha · 2d ago
Spirit AeroSystems terminates deal to buy Asco-parent S.R.I.F.
SPR | Complete Spirit AeroSystems Holdings Inc. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
marketwatch.com · 2d ago
Spirit Aerosystems Announces Agreement With Related Parties To Terminate Asco Purchase Agreement; Parties Also Agreed To Release Each Other From Any And All Claims, Rights Of Action
From Co. filing: Item 1.01 Entry into a Material Definitive Agreement. The disclosure set forth below under Item 1.02 of this Current Report on Form 8-K is incorporated by reference herein. Item 1.02
Benzinga · 2d ago
Spirit Aerosystems, Inc. -- Moody's affirms Spirit AeroSystems CFR (B2), assigns Ba2 to new first lien debt
Moody's · 3d ago
Boeing Stock Isn’t Flying High but Wall Street Is Getting on Board — Slowly
Boeing stock was upgraded again Thursday, the second notable analyst action this week.
Barrons.com · 3d ago
Spirit AeroSystems Announced Multi-year Partnership with Evergreen Aviation Technologies Corporation
Spirit AeroSystems (NYSE: SPR) announced today an expansion of its aftermarket footprint in Asia through a multi-year partnership with Evergreen Aviation Technologies Corporation (EGAT) and a maintenance, repair and overhaul (MRO) customer agreement with EVA Airfor 777 GE90 nacelles.
Benzinga · 3d ago
Spirit AeroSystems Reinvigorates its Commitment to Aftermarket Presence in Asia
Spirit AeroSystems (NYSE: SPR) announced today an expansion of its aftermarket footprint in Asia through a multi-year partnership with Evergreen Aviation Technologies Corporation (EGAT) and a maintenance, repair and overhaul (MRO) customer agreement with EVA Air for 777 GE90 nacelles. EGAT, an award-winning
PR Newswire · 3d ago
Spirit AeroSystems indicates that ASCO acquisition deal may be terminated, more 737 MAX orders may be cancelled
Shares of Spirit AeroSystems Holdings Inc. undefined rose 1.7% in morning trading Tuesday, after the aircraft components maker indicated that its acquisition...
MarketWatch · 5d ago
Spirit Aero 8-K Shows Updates On Financing Transactions, EBITDA, Backlog, Mentions Boeing 737 MAX Grounding, Warns If Aircraft Remains Grounded For Extended Period, 'added reductions to the backlog and/or significant order cancellations expected'
Item 7.01 Regulation FD Disclosure. On September 22, 2020, Spirit AeroSystems Holdings, Inc. (the “Company”) plans to meet with prospective lenders to discuss participation in a
Benzinga · 5d ago
Boeing 737 Max Gets Key Regulator's Backing But Not From Victims' Families
Investor's Business Daily · 09/18 14:58
Boeing 737 Max Probe Reaches These Damning Conclusions On Crashes
Investor's Business Daily · 09/16 14:32
Hedge Funds Are Souring On Spirit AeroSystems Holdings, Inc. (SPR)
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Insider Monkey · 09/10 00:15
Benzinga's Top Upgrades, Downgrades For September 9, 2020
Benzinga · 09/09 13:44
Morgan Stanley Initiates Coverage On Spirit AeroSystems Hldgs with Underweight Rating, Announces Price Target of $18
Morgan Stanley initiates coverage on Spirit AeroSystems Hldgs (NYSE:SPR) with a Underweight rating and announces Price Target of $18.
Benzinga · 09/09 12:18
Spirit AeroSystems signs MOU with Belcan to design and build aerostructures
Spirit AeroSystems (SPR) announces that Belcan will be onsite as a Strategic Partner in Spirit's Aerospace Innovation Centre ((AIC)) in Prestwick, Scotland. The companies have signed a Memorandum of Understanding ((MOU))
Seekingalpha · 09/09 07:33
Spirit AeroSystems Welcomes Belcan to Aerospace Innovation Center, Enters Strategic Engineering Partnership
Spirit AeroSystems [NYSE: SPR] announced today that Belcan will be onsite as a Strategic Partner in Spirit's Aerospace Innovation Centre (AIC) in Prestwick, Scotland. Belcan will work directly alongside Spirit engineers when the facility opens.
PR Newswire · 09/09 06:30
Spirit Chief Executive Officer and Chief Financial Officer Speaking at the Morgan Stanley Virtual Laguna Conference
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] President and Chief Executive Officer Tom Gentile and Senior Vice President and Chief Financial Officer Mark Suchinski will speak virtually at the 8th Annual Morgan Stanley Laguna Conference at 2:15 p.m. (ET) on Tuesday, September 15, 2020.
PR Newswire · 09/08 19:00
Webull provides a variety of real-time SPR stock news. You can receive the latest news about Spirit Aerosystm through multiple platforms. This information may help you make smarter investment decisions.
Spirit AeroSystems Holdings, Inc. is a non-original equipment manufacturer (OEM), aircraft parts designer and manufacturer of commercial aero-structures. The Company is also a supplier of aero-structures. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems. The Fuselage Systems segment includes the development, production and marketing of forward, mid and rear fuselage sections and systems. The Propulsion Systems segment includes the development, production and marketing of struts/pylons, nacelles (including thrust reversers) and related engine structural components. The Wing Systems segment includes the development, production and marketing of wings and wing components (including flight control surfaces), and other miscellaneous structural parts. The Company's maintenance, repair and overhaul (MRO) services include repair stations that provide complete on-site repair and overhaul.More