Spirit AeroSystems (SPR): Notified Boeing (BA) Last Week of a Non-conformity One of Our Employees Identified

Spirit (NYSE: SPR) notified Boeing (NYSE: BA) last week of a non-conformity one of our employees identified. As is standard in these situations, engineering reviewed the non-conformity to determine any required follow-up actions. Engineering determined that there is no safety-of-flight issue. The engineering review is ongoing; we expect a final disposition this week. This process will define a course of action at that time, and any required repairs will have a recommended solution. Based on that engineering analysis, disruption and level of effort can be determined.

In close coordination with Boeing, Spirit will continue delivering fuselages that incorporate additional inspections and known repairs and meet the agreed-upon assembly condition. Spirit will continue its normal and planned production operations until formally notified of any changes.

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