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Update: Market Chatter: Whistleblower Claims Boeing Supplier Spirit AeroSystems Regularly Shipped Defective Fuselages
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Update: Market Chatter: Whistleblower Claims Boeing Supplier Spirit AeroSystems Regularly Shipped Defective Fuselages
May 9, 2024 7:51 AM

10:29 AM EDT, 05/09/2024 (MT Newswires) -- (Updates with additional details after the first paragraph and stock moves in the last paragraph.)

Santiago Paredes, who worked for Spirit AeroSystems ( SPR ) , regularly found "anywhere from 50 to 100, 200" defects on fuselages that were being shipped to Boeing ( BA ) , he told CBS News in an interview broadcast late Wednesday.

Paredes, a former Spirit quality manager at a plant in Wichita, Kansas, told CBS News he was pressured to downplay quality issues because the defects would delay deliveries.

"They always said they didn't have time to fix the mistakes," Paredes told CBS News. "They needed to get the planes out."

Paredes said he left Spirit in the summer of 2022.

"We encourage all Spirit employees with concerns to come forward, safe in knowing they will be protected," Spirit spokesman Joe Buccino told CBS News. "We remain committed to addressing concerns and continuously improving workplace safety standards."

A Boeing ( BA ) spokesperson told CBS News the company has a team that fixes defects in fuselages built by Spirit as Boeing ( BA ) assembled the planes.

Spirit and Boeing ( BA ) didn't immediately respond to requests for comment by MT Newswires.

Spirit shares were rising 0.3% in recent trading, while Boeing ( BA ) was fractionally higher.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 180.49, Change: +0.14, Percent Change: +0.08

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