Benzinga | Aug 30, 2021 03:27PM EDT

Spirit AeroSystems Delivers RTM Spoilers To Airbus A320 Family

* Spirit AeroSystems Holdings, Inc. (NYSE:SPR) subsidiary has delivered the first set of new advanced composite spoilers to Airbus SE (OTC:EADSY) for the A320 Family.

* The spoilers are produced using Spirit's Resin Transfer Moulding (RTM) technology. The redesigned spoiler is made using a highly automated manufacturing process, resulting in improved manufacturing efficiencies and reduced energy and costs compared to the original, more traditional design.

* The spoilers are produced in Spirit's manufacturing facility in Prestwick, Scotland, using the latest automation and robotics, which included investment from the Scottish Government in developing the technology.

* Price Action: SPR shares are trading lower by 4.18% at $39.19 on the last check Monday.