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Spirit AeroSystems to Design and Build Pylon for Mitsubishi Regional Jet

10/23/2008
Company Release - 10/23/2008 7:30 AM ET

WICHITA, Kan., Oct. 23 /PRNewswire-FirstCall/ -- Spirit AeroSystems (NYSE: SPR) has been selected by Mitsubishi Aircraft Corporation to design and build the pylon for its new next-generation regional jetliner, known as the Mitsubishi Regional Jet (MRJ).

The contract award marks Spirit's entry into the regional jet market.

"Spirit is pleased to partner with Mitsubishi Aircraft in developing this exciting new regional jet," said Mike King, Spirit senior vice president & general manager - Propulsion Systems. "We're excited to show our new customer and fellow team members the quality and capabilities that our employees produce on a daily basis. We look forward to building a successful relationship with Mitsubishi in this endeavor."

Pylon work will be done at Spirit's facility in Wichita, Kan. A pylon is a large, highly specialized aerostructure that holds an aircraft's engine and its casing to the wing. Spirit's Wichita location has decades of experience building pylons for large commercial aircraft. It currently builds pylons for every Boeing commercial airplane in production.

"Spirit's technology experience in the aircraft industry, combined with Mitsubishi Aircraft's wide-ranging capabilities, offer great potential for future success in the regional aircraft marketplace," said John Pilla, Spirit senior vice president and chief technology officer.

"Mitsubishi selected Spirit to participate in this new venture because of its long legacy as a world-class builder of commercial aircraft," said Nobuo Toda, president of Mitsubishi Aircraft Corp. "We're confident our new relationship with Spirit will be a successful one."

The MRJ is a 70- to 90-seat class aircraft that will include cutting-edge technology offering operational economy and cabin comfort for its passengers. The first delivery of the airplane is scheduled in 2013.

About Spirit AeroSystems, Inc.

Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has locations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England, and is developing new manufacturing facilities in North Carolina and Malaysia. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.

This press release contains forward-looking statements concerning future business opportunities. Actual results may vary materially from those projected as a result of certain risks and uncertainties, including but not limited to future levels of business in the aerospace and commercial transport industries or in the number of aircraft to be built; the success and timely progression of our customers' new programs; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed in Spirit AeroSystems Holdings, Inc.Securities and Exchange Commission filings.

On the web: http://www.spiritaero.com

SOURCE Spirit AeroSystems, Inc.

Contact: Debbie Gann, Corporate Communications, +1-316-526-3910, for Spirit AeroSystems, Inc.
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