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November 27, 2015 3:36 PM ET

Aerospace and Defense

Company Overview of Spirit AeroSystems, Inc.

Company Overview

Spirit AeroSystems, Inc. designs and manufactures non-OEM aerostructures for commercial, military, and business/regional jets. It offers composite and metallic aircraft fuselages, propulsion systems, pylons, nacelles, and wing structures and components. The company also provides floor beams, seat tracks, tail cones, outboard flaps, strakelets, krueger flaps, edge slats, and fan duct thrust reversers, as well as gallery, entry, access, and lower cargo doors. In addition, it offers aftermarket customer support services, including spare parts, maintenance/repair/overhaul, fleet support, assemblies, and other services in North America, Europe, and Asia. The company offers its products through a ...

3801 South Oliver Street

PO Box 780008

Wichita, KS 67278-0008

United States

Founded in 2004





Key Executives for Spirit AeroSystems, Inc.

Chief Executive Officer and President
Age: 55
Chief Financial Officer and Senior Vice President
Age: 55
Chief Operations Officer and Executive Vice President
Age: 59
Chief Technology Officer and Senior Vice President of Engineering
Age: 55
Chief Adminstrative Officer and Senior Vice President
Age: 44
Compensation as of Fiscal Year 2015.

Spirit AeroSystems, Inc. Key Developments

Spirit AeroSystems Reportedly End Talks With Onex Corporation And Advanced Integration Technology Over Fab Unit Sale

Spirit AeroSystems, Inc. has reportedly ended talks of sale of its fabrication work to Onex Corporation (TSX:OCX) and Advanced Integration Technology, Inc. The International Association of Machinists and Aerospace Workers District Lodge 70 in Wichita on September 17, 2015, told members that Spirit AeroSystems Inc. has ended talks with Onex Corp. and Advanced Integration Technology over the possible sale of its local fabrication and machining division. The union has been in favor of the sale, as its understanding was that Onex/AIT were the only potential bidders interested in keeping the work in Wichita. Spirit said in a statement that, although it is looking at options in the market, it had nothing to announce regarding the talks.

Spirit AeroSystems, Inc. Announces Management Changes

Spirit AeroSystems, Inc. has appointed Ron Rabe as senior vice president of operations, and John Pilla as senior vice president of engineering and chief technology officer. Duane Hawkins has been named senior vice president and general manager, Boeing, Business and Regional Jet Programs. He will also continue to oversee Spirit Defense. Hawkins joined Spirit in 2013 as senior vice president of Operations following more than 30 years in the aerospace industry, including executive positions at Raytheon Missile Systems, Defense Research Inc., and General Dynamics. Rabe is an experienced global operations leader, having served at positions of increasing responsibility at Eaton Corporation. Most recently, he was the company's vice president of global manufacturing and supply chain, vehicle group. Pilla has served in several top leadership and engineering positions at Spirit, most recently overseeing all Spirit work on Airbus Programs. In his new role, Pilla will have responsibility for engineering and R&D across all programs. Michelle J. Lohmeier will join the company as senior vice president and general manager, Airbus Programs Lohmeier has extensive aerospace experience at Raytheon Company, most recently as vice president of the Land Warfare Systems product line at Raytheon Missile Systems. Hawkins, Lohmeier, Pilla, and Rabe will report to President and CEO Larry Lawson.

Onex Reportedly Interested In Spirit AeroSystems' Unit

Onex Corporation (TSX:OCX) is interested in buying the fabrication unit at Spirit AeroSystems, Inc., reported Bizjournal citing multiple sources with knowledge of the situation. According to an e-mail sent on June 11, 2015, to Machinists Union members by President of Machinists District 70, Frank Molina, Onex is considering buying the unit and has also expressed interest in building a new local facility for it that would create additional jobs over the next few years. According to the information, Frank Molina said the union is prepared to meet with Onex and discuss its plans. Molina did not return calls for comment, but multiple sources confirmed receiving his letter. Onex said it does not comment on speculation. Spirit spokesperson Jarrod Bartlett offered this statement from the company,“It is critical to efficiently build capacity to support demand for our products. We are exploring our make-buy strategy and what differentiates us in the marketplace, and we are testing the market. We have nothing to announce at this time.”

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