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Spirit AeroSystems Joins Lockheed Martin Skunk Works® to Unveil Digital Engineering Transformation

Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), has joined with Lockheed Martin (NYSE: LMT) Skunk Works® to unveil Polaris, a digital engineering and advanced assembly demonstrator that was used to validate improvements in product development from initial design to final assembly, at an event on August 10 in Palmdale, Calif.

“Spirit AeroSystems is proud we were selected by Lockheed Martin to demonstrate the integration of a Tier 1 supplier into their Integrated Digital Environment (IDE), and then utilize that environment to validate advanced production processes on a demonstration platform,” said Duane Hawkins, senior vice president; president, Defense and Space Division. “The IDE and its advanced production processes, including Full Size-Hole Determinant Assembly (FSDA), will form the foundation of how future defense programs are executed, and revolutionize the speed at which new products can be brought to market.”

The Spirit Defense and Space Division integrated commercial best practices around digital design and manufacturing seamlessly into the Lockheed Martin IDE, enabling the collaborative development of production-ready solutions that build on the strengths of both the Spirit AeroSystems and Lockheed Martin teams.

“This reduced project execution cost and time by enabling parallel engineering development and operations planning, facilitating the team’s ability to clearly communicate and ensure consistency of requirements, and to identify integration challenges before parts and tools were ever released for fabrication,” Hawkins said.

This integration allows design and production optimization to occur simultaneously instead of as sequential discreet events, enabling production programs to progress down the learning curve prior to first-unit build. As a result of the Lockheed Martin and Spirit AeroSystems collaboration, advanced production processes were designed, planned, simulated, executed, and validated, leading to a 70% reduction in required assembly hours and a 95% increase in initial quality.

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On Twitter: @SpiritAero

About Spirit AeroSystems Inc.

Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company's core products include fuselages, integrated wings and wing components, pylons, and nacelles. We are leveraging decades of design and manufacturing expertise to be the most innovative and reliable supplier of military aerostructures, and specialty high-temperature materials, enabling warfighters to execute complex, critical missions. Spirit also serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at

Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" that may involve many risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "could," "continue," "estimate," "expect," "goal," "forecast," "intend," "may," "might," "objective," "outlook," "plan," "predict," "project," "should," "target," "will," "would," and other similar words, or phrases, or the negative thereof, unless the context requires otherwise. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. Our actual results may vary materially from those anticipated in forward-looking statements. We caution investors not to place undue reliance on any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook include, without limitation, the impact of the COVID-19 pandemic on our business and operations; the timing and conditions surrounding the full worldwide return to service (including receiving the remaining regulatory approvals) of the B737 MAX, future demand for the aircraft, and any residual impacts of the B737 MAX grounding on production rates for the aircraft; our reliance on Boeing for a significant portion of our revenues; our ability to execute our growth strategy, including our ability to complete and integrate acquisitions; our ability to accurately estimate and manage performance, cost, and revenue under our contracts; demand for our products and services and the effect of economic or geopolitical conditions in the industries and markets in which we operate in the U.S. and globally; our ability to manage our liquidity, borrow additional funds or refinance debt; and other factors disclosed in our filings with the Securities and Exchange Commission. These factors are not exhaustive and it is not possible for us to predict all factors that could cause actual results to differ materially from those reflected in our forward-looking statements. These factors speak only as of the date hereof, and new factors may emerge or changes to the foregoing factors may occur that could impact our business. Except to the extent required by law, we undertake no obligation to, and expressly disclaim any obligation to, publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


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