Award Honors Outstanding Achievements in
Aviation, Aerospace & Defense and Winners Were Recognized on
November 3 in Washington, DC
Spirit AeroSystems (NYSE: SPR) has been named a winner of the
Aviation Week Network 65th Annual Laureate Awards (#AWLAUR),
honoring extraordinary achievements in the global aerospace arena.
The 2022 Laureate Awards took place on November 3 at the National
Building Museum in Washington, DC.
Spirit is a winner in the Commercial Aviation category. The
company received this honor for reinventing itself during the
COVID-19 pandemic to emerge stronger. Preparing for the recovery of
the aviation market, the company implemented changes under
consideration for years, turning its 20th-century factories into
digitally driven lean manufacturing centers. The innovations should
position Spirit to ride the resurgence of Airbus and Boeing
narrowbody output. Spirit also implemented a diversification
strategy that included acquisitions of FMI and select assets of
Bombardier that have expanded the company’s capabilities and work
scope with new and current customers.
“We are so honored to receive this distinction and we are
looking forward to celebrating the achievements of the aerospace
industry in November,” said Tom Gentile, CEO, Spirit AeroSystems.
“We’ve emerged out of the pandemic stronger by investing in leading
technology while enhancing the company’s capabilities to support
air travel recovery and diversify business opportunities.”
“All of the winners are making a significant impact in not only
the aerospace industry, but in our lives, from sustainability to
space exploration to military operations. They are truly on the
cutting edge of aerospace and technology, and they are inspiring
others,” said Aviation Week Editorial Director Joe Anselmo. “These
well deserving individuals and companies were selected by our
editors from dozens of applications in each category.”
During the awards gala, Aviation Week Network bestowed the
Philip J. Klass Award for Lifetime Achievement. Four cadets and
midshipmen from U.S. military academies were recognized as
Tomorrow’s Leaders, honoring young men and women who have chosen
career paths in the armed forces. In addition to the Laureate
Awards, Aviation Week Network recognized the “20 Twenties” in
partnership with Accenture and sponsored by Hexcel. This program
recognizes the accomplishments and drive of 20 science, technology,
engineering and mathematics students in their 20s and currently
enrolled in a master's degree or bachelor's degree program.
About Spirit AeroSystems Inc.
Spirit AeroSystems is one of the world’s largest manufacturers
of aerostructures for commercial airplanes, defense platforms, and
business/regional jets. With expertise in aluminum and advanced
composite manufacturing solutions, the company’s core products
include fuselages, integrated wings and wing components, pylons,
and nacelles. Also, Spirit serves the aftermarket for commercial
and business/regional jets. Headquartered in Wichita, Kansas,
Spirit has facilities in the U.S., U.K., France, Malaysia and
Morocco.
ABOUT AVIATION WEEK NETWORK
Aviation Week Network is the largest multimedia information and
services provider for the global aviation, aerospace, and defense
industries, serving 1.7 million professionals around the world.
Industry professionals rely on Aviation Week Network to help them
understand the market, make decisions, predict trends, and connect
with people and business opportunities. Customers include the
world's leading aerospace manufacturers and suppliers, airlines,
airports, business aviation operators, militaries, governments and
other organizations that serve this worldwide marketplace. Aviation
Week Network’s portfolio delivers award-winning journalism, data,
intelligence and analytical resources, world-class tradeshows and
conferences, and results-driven marketing services and advertising.
Our principle is helping our customers succeed.
Aviation Week Network is part of Informa Markets, a division of
Informa PLC.
ABOUT INFORMA MARKETS
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more than 550 international B2B events and brands in markets
including Healthcare & Pharmaceuticals, Infrastructure,
Construction & Real Estate, Fashion & Apparel, Hospitality,
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more information, please visit www.informamarkets.com.
Forward-Looking Statements
This press release contains “forward-looking statements” that
may involve many risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as “aim,” “anticipate,” “believe,”
“could,” “continue,” “estimate,” “expect,” “goal,” “forecast,”
“intend,” “may,” “might,” “objective,” “outlook,” “plan,”
“predict,” “project,” “should,” “target,” “will,” “would,” and
other similar words, or phrases, or the negative thereof, unless
the context requires otherwise. These statements reflect
management’s current views with respect to future events and are
subject to risks and uncertainties, both known and unknown. Our
actual results may vary materially from those anticipated in
forward-looking statements. We caution investors not to place undue
reliance on any forward-looking statements. Important factors that
could cause actual results to differ materially from those
reflected in such forward-looking statements and that should be
considered in evaluating our outlook include, without limitation,
Spirit’s ability to complete the offering of the Notes on the
proposed terms in the anticipated timeframe, or at all; Spirit’s
expectations related to the use of proceeds from the offering of
the Notes; the impact of the COVID-19 pandemic on our business and
operations; the timing and conditions surrounding the full
worldwide return to service (including receiving the remaining
regulatory approvals) of the B737 MAX, future demand for the
aircraft, and any residual impacts of the B737 MAX grounding on
production rates for the aircraft; our reliance on Boeing for a
significant portion of our revenues; our ability to execute our
growth strategy, including our ability to complete and integrate
acquisitions; our ability to accurately estimate and manage
performance, cost, and revenue under our contracts; demand for our
products and services and the effect of economic or geopolitical
conditions in the industries and markets in which we operate in the
U.S. and globally; our ability to manage our liquidity, borrow
additional funds or refinance debt; and other factors disclosed in
our filings with the Securities and Exchange Commission. These
factors are not exhaustive and it is not possible for us to predict
all factors that could cause actual results to differ materially
from those reflected in our forward-looking statements. These
factors speak only as of the date hereof, and new factors may
emerge or changes to the foregoing factors may occur that could
impact our business. Except to the extent required by law, we
undertake no obligation to, and expressly disclaim any obligation
to, publicly update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20221108005836/en/
Media: Jessica Napoli (316) 691-0252
Jessica.napoli@spiritaero.com
Investor Relations: (316) 523-7040
investorrelations@spiritaero.com
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