WICHITA, Kan., June 11, 2020 /PRNewswire/ -- Spirit
AeroSystems (NYSE: SPR) announced today the Department of Defense
(DoD) allocated $80 million to Spirit
to expand domestic production capability for advanced tooling,
composite fabrication and metallic fabrication. These funds are
part of the national response to COVID-19 in support of the Defense
Industrial Base.
"We appreciate the confidence our customers have in Spirit's
capabilities to serve a variety of critical defense needs," said
Duane Hawkins, Senior Vice
President; President, Defense and Fabrication, Spirit AeroSystems.
"This funding for Spirit provides the Department of Defense
additional production capacity for defense needs and helps maintain
critical skills in the Defense Industrial Base."
Spirit will utilize the funds to build tooling, fabricate
composite parts and machine complex metallic parts at its
Wichita, Kan., facility. Spirit
designs and manufactures both composite and metallic structures for
commercial and defense customers. With long-standing machining
capabilities, Spirit crafts more than 3 million detailed parts
annually for original equipment manufacturers at peak production.
The 5-axis center of excellence in Wichita focuses on large, complex, soft metal
parts for fuselage, pylon and wing structures, all built on
high-tech, high-speed, latest-generation equipment and is part of
12M sqft of manufacturing space.
"Our growing work on defense programs has provided a measure of
stability for the company, and helped us as we shift capacity to
serve other needs, particularly in the defense market," said
Hawkins. "These funds under Title III will help retain employees
with critical skills."
Spirit supports a number of military programs, including
programs for the U.S. Air Force, the U.S. Navy, the U.S. Marine
Corps and U.S. the Army.
Defense Production Act Title III contracts support the Defense
Industrial Base and use funds authorized and appropriated under the
CARES Act.
On the web: www.spiritaero.com
On Twitter: @SpiritAero
About Spirit AeroSystems Inc.
Spirit
AeroSystems designs and builds aerostructures for both commercial
and defense customers. With headquarters in Wichita, Kansas, Spirit operates
sites in the U.S., U.K., France and Malaysia. The company's
core products include fuselages, pylons, nacelles and wing
components for the world's premier
aircraft. Spirit AeroSystems focuses
on affordable, innovative
composite and aluminum manufacturing solutions to support customers
around the globe. More information is available
at www.SpiritAero.com.
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SOURCE Spirit AeroSystems