Spirit AeroSystems (SPR) Statement on Possible Flawed Parts from MPS

October 15, 2021 2:15 PM EDT

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From March through July 2021, Boeing issued communications to its supply chain including Spirit AeroSystems Holdings, Inc. (NYSE: SPR) , identifying possible flawed parts, dating back to 2017 from Manufacturing Process Specification srl (MPS), based in Italy. Spirit does not buy parts or services directly from MPS. In its initial communication, Boeing stated that it had revoked approval of MPS. Upon receipt of information from Boeing identifying parts from sub-tier suppliers which used MPS, Spirit took appropriate action. Spirit has worked with Boeing throughout this process and has only shipped parts approved by Boeing. Spirit continues to focus on quality and safety with our customers as a top priority.

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