Spirit, Skyworks Aeronautics Sign Agreement to Pursue Development of Defence and Commercial Platforms
Spirit’s
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“We will be applying our engineering and technology leadership in advanced materials and ultra-light structures to explore the design, testing and integration of lightweight and aerodynamically efficient technologies in support of Skyworks’ aircraft platforms, such as its VertiJet VTOL program for military and commercial use,” he said.
Skyworks Aeronautics is a world leader in the science and technology of gyronautics, focusing on the design and development of high-performance gyroplanes, using highly advanced technology and modern aerospace science, engineering, and design methods. Skyworks Aeronautics has been developing manned and unmanned vertical lift gyroplane technologies for more than two decades.
“Spirit AeroSystems is a prominent leader in the aerospace industry with world-class design and manufacturing capabilities,” said
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This press release contains "forward-looking statements" that may involve many risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "could," "continue," "estimate," "expect," "goal," "forecast," "intend," "may," "might," "objective," "outlook," "plan," "predict," "project," "should," "target," "will," "would," and other similar words, or phrases, or the negative thereof, unless the context requires otherwise. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. Our actual results may vary materially from those anticipated in forward-looking statements. We caution investors not to place undue reliance on any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook include, without limitation, the impact of the COVID-19 pandemic on our business and operations; the timing and conditions surrounding the full worldwide return to service (including receiving the remaining regulatory approvals) of the B737 MAX, future demand for the aircraft, and any residual impacts of the B737 MAX grounding on production rates for the aircraft; our reliance on Boeing for a significant portion of our revenues; our ability to execute our growth strategy, including our ability to complete and integrate acquisitions; our ability to accurately estimate and manage performance, cost, and revenue under our contracts; demand for our products and services and the effect of economic or geopolitical conditions in the industries and markets in which we operate in the
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