Spirit AeroSystems Announces Advance Payments Agreement with Boeing
Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350,000,000.00 to produce Boeing products at the rates required by Boeing.
Update 4:23pm: Adds Spirit confirmation. Airbus (OTCPK:EADSY) agreed to provide revised funding terms to Spirit ...
Spirit Aero, which said last week it was negotiating possible advances from its customers, did not immediately respond to a ...
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
On Friday, Spirit AeroSystems Holdings Inc (SPR) stock saw a modest uptick, ending the day at $31.15 which represents a slight increase of $0.29 or 0.94% from the prior close of $30.86. The stock ...
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