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Spirit AeroSystems Holdings, Inc.

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Spirit AeroSystems’ third-quarter 2017 earnings came in line with the Zacks Consensus Estimate but improved from the year-ago figure. Revenues surpassed the consensus mark and also grew year over year. Moreover, it is one of the largest independent non-OEM aircraft parts designers. In fact, the company’s focus on executing supply chain strategy, improving productivity and meeting its customers’ requirements for production rate changes is paying off, as well. In the last year, Spirit AeroSystems also outperformed the broader industry. However, high dependence on the U.S. government for military contracts might adversely impact its results. Factors like stiff competition and unexpected rise in costs also remain major concerns.

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