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SPR Spirit Aerosystems Holdings Inc

30.362
-0.408 (-1.33%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Spirit Aerosystems Holdings Inc NYSE:SPR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.408 -1.33% 30.362 31.13 30.366 30.81 1,488,630 01:00:00

Spirit AeroSystems, Boeing Sign Pact After Production Issues

18/10/2023 1:09pm

Dow Jones News


Spirit Aerosystems (NYSE:SPR)
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From May 2023 to May 2024

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By Will Feuer

 

Spirit AeroSystems and Boeing have signed a new pact to strengthen the two companies' relationship after problems with Spirit's fuselages used in Boeing's 737 MAX jets weighed on production.

The companies described the pact as a memorandum of agreement to enable production increases and enhance quality as well as predictability.

"This united effort to synchronize our production systems will enable greater market responsiveness and delivery assurance," said Spirit Chief Executive Patrick Shanahan, who took over last month on an interim basis.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

October 18, 2023 07:54 ET (11:54 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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