Machinist union to sue Spirit AeroSystems over outsourcing, Wichita Eagle says The Machinists union said it will sue Spirit AeroSystems because of Spiritís plans to outsource union-represented jobs by selling a key fabrication operation and using outside contractors, says the Wichita Eagle. Reference Link
Spirit AeroSystems Q2 results should support upside expectations, says Canaccord Canaccord previewed Spirit AeroSystems Q2 results and expects them to be strong enough to support long-term cash upside and near-term margin upside. The firm remains bullish on the commercial aerospace cycle and expects the results to be a positive catalyst for the stock. Canaccord reiterated its Buy rating and $60 price target on Spirit AeroSystems shares.