Aerostructures provider Spirit AeroSystems has suspended its financial guidance for 2019 and shelved stock buybacks, executives announced May 1, as the Wichita manufacturer tries to get a handle on costs and challenges from the Boeing 737 MAX production slowdown and groundings. The announcement was not surprising and followed similar moves at Boeing—the 737 is responsible for roughly 50% of Spirit’s annual revenue alone. Also like Boeing, Spirit reported financial results for ...

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