Spirit AeroSystems Holdings Inc - Company Profile

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Spirit AeroSystems Holdings Inc: Segment Analysis

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Business Description

Spirit AeroSystems Holdings Inc (Spirit), a subsidiary of The Boeing Co, designs, engineers, and manufactures commercial aerostructures. It also designs and manufactures structural components for military aircraft and other applications.

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R&D Overview

Spirit focuses its research and development initiatives on maintaining its position as an advanced supplier to OEM customers and expanding its presence in emerging markets. The company invests in developing unique intellectual property and technologies to enhance its products and those of its customers. The R&D efforts are directed towards improving manufacturing processes, developing new capabilities, and creating affordable, industrialized technology for growth-focused initiatives. The company emphasizes reducing production costs and streamlining manufacturing processes, with a focus on design and manufacturing processes across its three business segments. Spirit maintains six Distinctive Capability areas: digital transformation, industry 4.0, engineered factory, metals technology, composites technology, and performance architectures, which guide its R&D strategy for growth and sustainability. Current research areas include advanced metallic joining, low-cost composites, thermoplastics, new material systems, efficient structures, systems integration, advanced design and computational analysis methods, and model-based digital transformation. The company collaborates with universities, research facilities, and technology partners in its R&D efforts.

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