Spirit, Textron could face big workforce losses over vaccine mandate - Jefferies [Reuters]
Spirit Aerosystems Holdings, Inc. (SPR)
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am
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Source: Reuters
The headquarters of Spirit AeroSystems Holdings Inc, is seen in Wichita, Kansas, U.S. December 17, 2019. REUTERS/Nick Oxford/File Photo Nov 17 (Reuters) - Spirit AeroSystems (SPR.N) and Textron (TXT.N) are likely to be the most hit among major U.S. aerospace and defense companies, as they face the loss of several employees once the mandate requiring federal contractors to be vaccinated comes into effect in January, brokerage Jefferies said on Wednesday. Spirit and Textron would bear the brunt as a big chunk of their manufacturing units are located in Wichita, Kansas, where just 53% of working age individuals are fully vaccinated, Jefferies said. Gulfstream, General Dynamic's (GD.N) aerospace unit, is also heavily exposed as only 48% of the working-age population around Savannah is vaccinated, said Jefferies analyst Sheila Kahyaoglu. The White House earlier this month extended a deadline for federal contractors to get vaccinated from Dec. 8 to Jan. 4. There are concerns that the mandat
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SPR
Earnings
- 2/6/24 - Miss
SPR
Sec Filings
- 4/10/24 - Form SC
- 4/1/24 - Form SC
- 3/29/24 - Form 3
- SPR's page on the SEC website