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Spirit AeroSystems Opens National Defense Prototype Center

Today, Spirit AeroSystems Holdings, Inc. [NYSE: SPR] held a grand opening event and ribbon cutting ceremony for its National Defense Prototype Center (NDPC), a joint project with Wichita State University’s National Institute for Aviation Research (NIAR). This new research center will significantly expand Spirit’s capabilities and production efficiencies in the defense and space market.

“NIAR has been a tremendous partner in the development of the National Defense Prototype Center and enabling Wichita as a center for defense growth,” said Duane Hawkins, Spirit AeroSystems executive vice president; president, Defense and Space. ”The NDPC provides a secure space for high temperature materials testing, as well as development, prototyping and industrialization capabilities to support Spirit’s growth strategy targeting $1 billion of defense revenue by the mid-2020s.”

The research center comes soon after Kansas earned its designation as one of 11 Defense Manufacturing Communities by the Department of Defense (DoD). The Defense Manufacturing Community Support Program will encourage long-term community investments to strengthen national security innovation and expand the capabilities of the defense manufacturing industrial ecosystem.

“The National Defense Prototype Center will improve research and development efforts of advanced materials and place Wichita at the center of future defense and space programs,” said Senator Jerry Moran (R-Kan). “These programs, especially the advancement of hypersonic missiles, will rely on National Defense Prototype Center as the United States competes with foreign powers to defend our homeland.”

The National Defense Prototype Center encompasses more than 125,000 square feet of manufacturing and lab space with processing and characterization capabilities, including high temperature testing, furnaces for fabricating and processing materials, multi-method non-destructive inspection, robotic automated fiber placement technology and a large autoclave. The center promotes the capacity to sustain broader and maximum throughput capabilities to support a high-priority national defense program.

“The more knowledge that can be generated and disseminated about high temperature materials, the more these materials can be used, optimized, and designed for specific objectives,” said John Tomblin, Wichita State’s senior vice president for Industry & Defense Programs and NIAR executive director. “This leads to reliable and safe products that enable the industry to go further, push faster, and break through current design limitations. Not only is this a first for the state of Kansas, but for the nation in terms of testing capacity at these temperatures.”

The research center is the first of its kind with the ability to attract new aviation, defense, and space programs with a focus on high-temperature materials, such as hypersonic missiles, that can withstand temperatures of 2,500-5,000°F. The NDPC offers distinctive capabilities and research technology that will spur the development of new high temperature materials and ultra-competitive composites.

To learn more about the National Defense Prototype Center, click here for the NDPC video.

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. 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 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.

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