Spirit AeroSystems Holdings Inc at Goldman Sachs Industrials and Materials Conference (Virtual) Transcript

May 12, 2021 / 06:40PM GMT
Noah Poponak - Goldman Sachs Group, Inc., Research Division - Equity Analyst

Okay. Awesome. Well, good afternoon, everybody. This is Noah Poponak here from Goldman Sachs Aerospace and Defense Equity Research. Very happy to have with us our next presenting company, [from our hi-tech groups] , Spirit Aerosystems. With us from the company is Tom Gentile, the CEO of the company. Tom, thanks so much for joining us today. We really appreciate it.

Thomas C. Gentile - Spirit AeroSystems Holdings, Inc. - President, CEO & Director

No, it's great to be here. And before we get started with Q&A, I do have a safe harbor statement. So just want to remind everybody that any projections or goals that we may discuss today could involve risks, which are detailed in our news releases and our SEC filings.

And then just to maybe give a little bit of a prelude. Last year, obviously, was a very difficult one for Spirit. With the dual crisis of the MAX grounding and also the pandemic, we saw overall about 60% reduction in our deliveries. Our revenue went from $8 billion

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