Spirit Aerosystems Holdings Inc
Spirit Aerosystems — Corporate Update (May 2008)
10 slides from Spirit Aerosystems's corporate update, May 14, 2008
Slide 1: A350 XWB Contract Award
SPIRIT AEROSYSTEMS HOLDINGS, INC. May 14, 2008 A350 XWB Contract Award Exhibit 99.1
Slide 2: Forward-Looking Information
Forward-Looking Information Cautionary Statement Regarding Forward-Looking Statements: This presentation includes forward-looking statements that reflect the plans and expectations of Spirit AeroSystems Holdings, Inc. To the extent that statements in this presentation do not relate to historical or
Slide 3: Overview
Overview Announced today contract award for design and build of A350 XWB Section 15 362 unit firm order backlog from 20 customers for A350 XWB Latest step in successful SPR diversification strategy Total Spirit contract value expected to be approximately $2.75 billion over life of the program Total
Slide 4: A350 XWB Current Customer Base
XWB Commitments (not orders): DAE Capital 30 CASGC 20 Kingfisher 20 TunisAir 3 12X 7X 9 11X 16 5 10 10 2X 22X 80X 4X 12 5 20X 60 22 22X 20X 70X A350 XWB Current Customer Base* (20 airline customers to date) * Data as of 4-30-08 10X 10X 12X 4X 22X 14X 6X 6X 6 6X 362 Firm Orders Plus 73 Commitments
Slide 5: A350 XWB Leading & Trailing Edge Markets / Core Products
A350 XWB Leading & Trailing Edge Markets / Core Products Boeing Boeing Boeing Regional Jets Business Jets 2008 Cessna - Citation Columbus 2007 Rolls Royce BR725 for G650 Commercial Aftermarket Military 2007 Sikorsky CH-53K Fuselage Structures & Systems Propulsion Structures & Systems Wing Structures
Slide 6: A350 XWB Fuselage Section
A350 XWB Fuselage Section 15 Length 19,710 mm 64.7 ft Width 5,962 mm 19.6 ft Weight 4,078 kg 8,990 lbs Significant New Composite Work Package for SPR Section 15
Slide 7: New North Carolina Site
New North Carolina Site Greenfield at Global TransPark near Kinston Excellent existing infrastructure Composites Super-Site A350XWB Section 15 initially Expansion potential for other programs Includes engineering/R&D center Local engineering and skilled-labor pool available East coast proximity to A
Slide 8: Facility Overview
Facility Overview 307 acre site: room for future expansion Composite design, fabrication and panel assembly 500K sq. ft. facility in initial phase First $100 million building investment funded by Golden Leaf Foundation/Global TransPark Authority Projected operational by mid 2010 Anticipated employme
Slide 9: A350 XWB Section Investment Timing
A350 XWB Section 15 Investment Timing Projected Total Investment $700 Million* Total Investment Shared Roughly Equally By SPR, Customer, Suppliers and Local Governments Millions of Dollars * Includes design engineering, tooling, land, building, infrastructure and capital equipment
Slide 10: Summary
Summary Important new contract award for SPR. Consistent with SPR design/build strategy Expands Airbus presence/relationship Advances diversification strategy Validates global competitiveness/technology Manufactured in new composites "Super-Site" Cost competitive North Carolina location Significant
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