This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Spirit AeroSystems Develop Sustainable Composite Manufacturing Technologies For Next Generation High Rate Wing Aerostructures

Stocks in this article: SPR

FARNBOROUGH, England, July 10, 2012 /PRNewswire/ -- Spirit AeroSystems, Inc. has matured a low cost, high rate composite manufacturing process for primary wing box parts production. This work has been carried out by Spirit Shadow Works European division in their Composite Development Centre facilities in Prestwick, Scotland. The innovative out of autoclave fabrication process will produce high tolerance composite integrated parts such as primary wing skins and spars with less energy input, lower capital investment and lower recurring part production costs.

Marcello Grassi, Head of Technology, Spirit AeroSystems Europe commented: " This is a crucial milestone in our quest to deliver to our OEM customers a composite production system capable of coping with next generation Aerostructures' high production rates with more balanced and sustainable technology."

Neil McManus, VP and Managing Director Spirit AeroSystems Europe said: "Working closely with the UK and Scottish governments, as well as the trade association ADS, we have developed a reliable R&D and Technology plan to allow us to get closer to our customer product strategy and its future requirements."

During the last four years Spirit has been collaborating with its customer on a number of government supported R&D programmes such as Next Generation Composite Wing (NGCW), I-Composites Grand Challenge and Rapid Technology Evolution (RATE). On display at the Farnborough 2012 Air Show is the composite integrated wing cover demonstrator, which with its associated Spirit proprietary technology portfolio, represents the summation of the initial efforts aimed at developing high value and sustainable manufacturing technologies for next generation short range aircraft.

McManus concluded; "We operate in a highly competitive market. By developing design and manufacturing technologies capable of reducing factory footprint, capital equipment costs, as well as production costs by way of integrating technologies into a smart product solution gives us a tremendous platform upon which we can execute our mission and achieve our objectives to be the design build partner of choice."

On the web: www.spiritaero.com

About Spirit AeroSystems Inc.

Spirit AeroSystems (NYSE: SPR) , with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs