Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

When somebody talks about aerospace industry and says it is now going to have a bull cycle for the next few years because many airlines would have to renew some/most of their fleet. I say, if the airlines didn't have to renew their fleet, aerospace industry would collapse. I don't see as renewed optimism. I see it as business that was already within the industry. Then, why this renewed optimism as if you just discovered something and hence are going bullish?

I'm bearish on the whole industry and any related sectors. I don't see how you can go bullish on a sector whose end customer is struggling.

Aerospace beginning a long term replacement cycle. Boeing and it's suppliers will see a strong multiyear period of increasing sales of newer more fuel efficent aircraft.

Profile

Spirit AeroSystems Holdings Inc
3801 South Oliver Street
Wichita, KS 67210
United States - Map
Phone: 316-526-9000
Website: www.spiritaero.com

Details
Index Membership: N/A
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services
Full Time Employees: 13,918

Business Summary

Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs, engineers, and manufactures commercial aircraft structures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces, and markets forward, mid, and rear fuselage sections and systems primarily to aircraft original equipment manufacturers (OEMs), as well as offers related spares, and maintenance, repair, and overhaul (MRO) services. This segment also manufactures rotorcraft comprising forward cockpit and cabin for military aircrafts. The Propulsion Systems segment engages in the development, production, and marketing of struts/pylons; nacelles, including thrust reversers; and related engine structural components primarily to aircraft or engine OEMs, as well as provides related spares and MRO services. The Wing Systems segment provides wings and wing components comprising flight control surfaces and other miscellaneous structural parts primarily to aircraft OEMs, as well as offers related spares and MRO services. This segment also designs and manufactures structural components for military aircrafts, including low observables that are radar absorbent and translucent materials; radome new builds and refurbishment; and other military services comprising the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training. The company, formerly known as Mid-Western Aircraft Systems Holdings, Inc., is headquartered in Wichita, Kansas.

***All above information from YAHOO FINANCE***

ratings were high .

Global leader in new and increasingly common composite aerospace structures. Big clients include both Boeing and Airbus. When Boeing finally starts 787 production, this stock will go up

Long term labor agreement
Wins when Airbus an/or Boeing wins

Just signed 10 year labor agreement; Boeing work will continue to increase, as well contracts for other airplane manufacturers

believe that with spirits international coverage along with boeing it should double in the next couple of years.

Struggling with the rest of the depressed aerospace industry.

I agree that the airline / aviation industry is set to turn around and will leverage more fuel efficient technologies for future as well as existing GA and Commercial aviation products.

Global travel will continue to increase

Spirit AeroSystems is not as dependent upon Boeing as many think. Here is a list of SPR projects. This list is taken from the SPR website. SPR has only been publicly traded for a few years - and these have been tough years for the aviation business. I believe that better times are ahead.

787 development
5,000th 737
First 787 assembly
787 leading edges
Wing control surfaces for most Boeing commercial programs
AWACS Radome
AC-130U Gunship
UCAV X45C
Boeing 767 and 777 structures
Raytheon Hawker 800XP
Airbus A320, A330, A340 and A380
Airbus 350 XWB fuselage structures and wing leading edges
Cessna Citation Columbus fuselage and empennage
Gulfstream G250 wings
Gulfstream G650 wings
Mitsubishi Regional Jet pylons
Rolls-Royce BR725 nacelle systems

Low relative PE, good star ranking, PEG & 09 PE still below normal - bottom fishing 7/27 picks (late getting them in this week).

hidden gem

Spun off from Boeing. Makes fuselage, wings, and propulsion. With 787 nearing production, this is an indirect play on the 787.

undervalued!

As a former aerospace engineer I feel compelled to show some affection for this branch of industry and support them. I know the job market currently is in the dumps for automotive engineers but it's all guns blazing on the aero side just now! I expect an increase in the share price as it's been beaten below ½ it's 52 week high.

Based on HG pick.

I added this by mistake....