Spirit AeroSystems, Fiber Materials

Spirit AeroSystems 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.
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 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’ 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 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 AeroSystems announces sale of Fiber Materials Inc. to Tex Tech Industries
Wichita-based Spirit AeroSystems announced the sale of Fiber Materials Inc. to Tex Tech Industries, Inc. The deal is worth $165 million in cash. FMI is an industry
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.
Boeing's dismal 2024 deliveries show just how much of a challenge CEO Kelly Ortberg faces
Boeing delivered 348 aircraft last year — less than half Airbus managed and the lowest since the pandemic. The new CEO has a ...
U.S. appeals court sides with Spirit AeroSystems in age discrimination lawsuit
The court said the evidence and testimony "didn’t suggest an ageist operating procedure" tied to Spirit workforce reductions ...
Wedmont Private Capital Acquires New Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
Wedmont Private Capital acquired a new stake in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities ...
Crisis-hit Boeing delivered less than half as many jets as Airbus in 2024
Boeing must turn its fortunes around this year to avoid falling further behind Airbus, which plans a production increase as ...
Aviation Week7d
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 ...
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 ...