PRESTWICK, Scotland–(BUSINESS WIRE)–Spirit AeroSystems (Europe) Limited (UK) (“Spirit Europe”), a subsidiary of Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (“Spirit AeroSystems”), has celebrated the official opening of its state-of-the-art Aerospace Innovation Centre (AIC) in Prestwick, Scotland today in the presence of Scotland’s First Minister, government, customers, and our industrial and academic partners.

The AIC has been established as a centre of excellence for the research and development of advanced materials, digital manufacturing technologies and processes, where Spirit Europe will collaborate with industry and academic partners to innovate, train and develop skills for today and tomorrow.

“For true innovation to occur, we need a diverse range of ideas and collaboration from a number of areas across the spectrum of research and development. As one of the UK’s leading Aerospace companies, Spirit Europe is proud to establish a collaborative space where we, with our partners in industry and education, will work together to develop new technologies that are competitive and sustainable for aerospace platforms of the future. Today, we are another step closer to achieving our ambition to become a diversified design and manufacturing champion,” said Scott McLarty, Senior Vice-President and General Manager – Airbus, Spirit AeroSystems.

The 90,000 square foot innovation centre on the Spirit Europe campus in Prestwick is capable of manufacturing components of up to 20 metres in length. It features 55,000 square feet of manufacturing space, a materials lab, and office and conference space to accommodate over 200 people. Spirit Europe’s investment of circa £25m, together with almost £5m grant funding from Scottish Enterprise, will help advance technologies and capabilities to develop next-generation aerostructures.

“This investment from Spirit AeroSystems, at a time of considerable challenge for the aerospace sector globally, is an endorsement of Scotland’s engineering and manufacturing capability and it will complement existing facilities, such as the National Manufacturing Institute for Scotland (NMIS). As well as improving the efficiency of aircraft parts, and the way they are manufactured, this facility has the potential to enable growth for industry-leading aerospace innovations and create more high-value manufacturing jobs over the next decade. We are focused on building a stronger, sustainable and inclusive economy, with new, high quality, green jobs, and Scotland’s aerospace sector, with the highly-skilled workforce it employs, is an integral part of that,” said First Minister of Scotland Nicola Sturgeon.

“The AIC brings together all the key ingredients of innovation: world-class expertise and facilities in a collaborative, diverse and open environment. This is an exciting time for advanced manufacturing in Scotland and Scottish Enterprise looks forward to working closely with Spirit AeroSystems, their partners and manufacturers across the country to make the most of the opportunity this centre creates to develop new ideas, products and sustainable jobs,” said Adrian Gillespie, Chief Executive of Scottish Enterprise.

The AIC is already facilitating more than 20 industry and academic collaborations, working to deliver Spirit Europe’s and its partners’ ambitions. Further enquiries regarding AIC opportunities are welcome at aicenquirie@spiritaero.com .

On the web: www.spiritaero.com
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. Also, Spirit 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 www.spiritaero.com.

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.

Contacts

Maria Ryan

+44 (0)28 9046 8545

maria.ryan@spiritaero.com

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