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Spirit AeroSystems' Fiber Materials Inc. sale is now a wrap
"This transaction is in the best interest of Spirit, the FMI business and the customers it serves," Spirit's CFO said.
Spirit AeroSystems’ Stock In Spotlight After $165M Sale Of Fiber Materials To Tex-Tech Industries: Retail’s Unconvinced
Shares of Spirit AeroSystems Holdings Inc (SPR) were in the spotlight on Monday after the firm announced the sale of Fiber Materials Inc (FMI) based in Biddeford, Maine, and Woonsocket, Rhode Island,
Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island,
Spirit AeroSystems divests composites producer Fiber Materials
Wichita aerostructures supplier Spirit AeroSystems has sold Fiber Materials, a manufacturer of high-temperature materials for defence applications, to aerospace firm Tex Tech Industries for $165 million.
Spirit AeroSystems sells Fiber Materials to Tex Tech Industries for $165M cash
Spirit
AeroSystems
(SPR) announced the sale of Fiber Materials business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries for $165M in cash. FMI is an “industry leader” in high-temperature materials and reinforced ...
Spirit selling Fiber Materials to Tex Tech
Wichita-based Spirit AeroSystems announced the sale of Fiber Materials Inc. to Tex Tech Industries, Inc. The deal is worth $165 million in cash.
2h
Crisis-hit Boeing delivered less than half as many jets as Airbus in 2024
Year-end jet orders and deliveries figures released Tuesday by Boeing reveal how much Airbus dominated its crisis-ridden U.S.
Yen on MSN
6h
Boeing 2024 plane deliveries tumble on labor, safety woes
Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a ...
Aviation Week
5d
Spirit Prestwick Divestiture ‘Progressing,’ Airbus’ Scherer Says
Spirit AeroSystems is making progress in its bid sell its Prestwick, Scotland, facility that supports Airbus programs as part ...
8d
What’s In Store For Boeing Stock In 2025?
While other aerospace stocks have done well, with GE stock rising 65% and Airbus ADR up 5%, Boeing has itself to blame for ...
24/7 Wall St
2d
Spirit Aerosystems Holdings Inc - Class A
Spirit AeroSystems Holdings
Inc, based in Wichita, Kansas, is a key player in the aerospace industry, specializing in the design, engineering, and manufacturing of aerostructures for commercial ...
18h
Analysts Offer Insights on Industrial Goods Companies: Huntington Ingalls (HII) and Aercap Holdings (AER)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Huntington Ingalls (HII – Research ...
4d
Fears mount for 2,700 jobs at Belfast aeroplane wing factory
Concerns are mounting for 2,700 jobs at Northern Ireland’s largest private employer amid uncertainty over a takeover deal.
4d
2024 was a big year for the stock market. How did Wichita's public companies fare?
As for Spirit (NYSE: SPR), the major aerospace supplier and Wichita's largest employer, its stock rose 8% from market open on ...
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