WICHITA, Kan., March 14 /CNW/ -- Spirit AeroSystems, Inc. (NYSE: SPR)
announced Rolls-Royce as the customer for one of its previously awarded
business jet contracts. Spirit has been selected to design and build the
nacelle, thrust reverser and engine build up components for the Rolls-Royce
BR725 engine; a contract worth in excess of $600 million. Spirit will also
support the aforementioned products in the Rolls-Royce Corporate Care Program
throughout the life of the airplane. The BR725 is the selected engine for
Gulfstream's recently-announced G650 business jet.
"Spirit's propulsion expertise makes us a prime choice for product
development such as this," said Mike King, Senior Vice President and General
Manager of Spirit's Propulsion Segment. "We are thrilled to supply to
Rolls-Royce and look forward to continuing our relationship with them."
This propulsion package introduces new technology in the design and
manufacture of the thrust reverser including highly integrated composite
assemblies which provide significantly enhanced acoustic performance and new
door concepts. The technology also offers optimum performance including fuel
efficiency and unparalleled reverse thrust.
"Spirit has established itself as a leader in the integration of
propulsion systems in the commercial market. This is a great opportunity for
us to apply that experience and knowledge to an entirely new market," King
Spirit won the contract through a global competitive bid process. The
components will be designed and manufactured at the company's Wichita, Kan.,
About Spirit AeroSystems, Inc.
Based in Wichita, Kan., Spirit AeroSystems is the world's largest
independent supplier of large component parts and assemblies for commercial
aircraft. The company does work in military and general aviation, as well as
aftermarket customer support. In addition to its Kansas facility, Spirit has
operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury,
This press release contains forward-looking statements concerning future
business opportunities. Actual results may vary materially from those
projected as a result of certain risks and uncertainties, including but not
limited to changes in government procurement practices or in the number of
aircraft to be built; challenges in the design, development, production and
support of advanced technologies; as well as other risks and uncertainties,
including but not limited to those detailed in Spirit AeroSystems Holdings,
Inc. Securities and Exchange Commission filings.
For further information:
For further information: Debbie Gann, Corporate Communications of Spirit
AeroSystems, Inc., +1-316-519-7340 Web Site: http://www.spiritaero.com