- Spirit AeroSystems Holdings, Inc. SPR received a contract award from Boeing Co. BA to provide engine pylons and nacelles for the initial phase of the B-52 Commercial Engine Replacement Program (CERP).
- The total CERP effort is expected to replace 608 engines on the U.S. Air Force fleet of B-52H models.
- Spirit will support in extending the life of the B-52 Stratofortress through at least 2050. The B-52 first entered the U.S. Air Force fleet in 1955.
- Price Action: BA shares are trading higher by 1.70% at $178.00 and SPR higher by 3.08% at $45.90 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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