Tag Archives: Spirit AeroSystems

DoD Signs $135M in Agreements to Help Five Contractors Strengthen Domestic Supply Chain

The Department of Defense has signed agreements worth $135M combined with five vendors under Defense Production Act Title 3 to help sustain critical workforce capabilities and broaden domestic production capacity during the COVID-19 pandemic. Those contracts were signed with Bethel Industries, General Electric’s (NYSE: GE) aviation subsidiary, Spirit AeroSystems, Steel America and Allied Systems.

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Jose Ignacio Garcia to Join Spirit AeroSystems as SVP, CFO

Jose Ignacio Garcia, a two-decade veteran of General Electric (NYSE: GE), has been appointed senior vice president and chief financial officer at aircraft components manufacturer Spirit AeroSystems (NYSE: SPR). His appointment is effective Jan. 9 and he will succeed Sanjay Kapoor, who is due to retire as Spirit AeroSystems CFO in the …

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Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 30 – May 4, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Wash100: GCW …

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Spirit AeroSystems Inks $650M Cash Deal for Asco’s Parent Company

Spirit AeroSystems (NYSE: SPR) has agreed to buy Asco Industries’ Belgium-based parent company, S.R.I.F., for approximately $650 million in cash. Wichita, Kan.-based Spirit said Wednesday it expects to use new debt to fund the transaction that is scheduled to conclude in the second half of 2018, pending regulatory clearances and …

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State Dept OKs $1.75B Sale of P-8A Patrol Aircraft, Support to Norway

The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement  with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic …

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Heidi Wood Joins L-3 as VP, Chief Analytics Officer; Christopher Kubasik Comments

Heidi Wood, formerly senior vice president of strategy at Spirit AeroSystems (NYSE: SPR), has joined L-3 Communications (NYSE: LLL) as VP and chief analytics officer. Wood will report directly to Christopher Kubasik, L-3 president and chief operating officer, and will be in charge of the company’s acquisitions strategy, business development and …

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USAF Unveils Northrop’s 7 Teammates on B-21 Bomber Aircraft Development Program

The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the Pentagon …

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