{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-050576","form_type":"8-K","ticker":null,"cik":"0001364885","company_name":"Spirit AeroSystems Holdings, Inc.","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.099605+00:00","generated_at":"2026-06-03T11:41:56.134008+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Spirit AeroSystems gets $425M Boeing advance; repayment due by Oct 2024","bullets":["Boeing advances $425M to Spirit (due Apr-May 2024) for rate readiness and quality process enhancements.","Repayment schedule: $36.6M June 12, $89.5M July 17, $150.6M Aug 14, $134.3M Sep 18, $14M Oct 16.","Advances accelerate if Spirit defaults on repayment, breaches MOA, or enters insolvency proceedings.","Spirit must provide Boeing weekly financial info and maintain production rates supporting Boeing's demand.","MOA triggered by higher inventory, lower cash flows, and FAA limits on Boeing production rate increases."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-050576","json":"https://secwatch.observer/filing/0001104659-24-050576.json","markdown":"https://secwatch.observer/filing/0001104659-24-050576.md","text":"https://secwatch.observer/filing/0001104659-24-050576.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1364885/000110465924050576/0001104659-24-050576-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1364885/000110465924050576/tm2412451d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:41:56.134008+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bd23341530f1e3c8d19ec550a958a51c65e89e9b","claim":"Spirit AeroSystems Holdings, Inc. entered into Memorandum of Agreement with The Boeing Company valued at $425,000,000 (effective 2024-04-18).","evidence_excerpt":"On April 18, 2024, Spirit AeroSystems, Inc. (“Spirit”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (“Spirit Holdings”), and The Boeing Company (“Boeing”) entered into a Memorandum of Agreement (the “MOA”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1364885/000110465924050576/0001104659-24-050576-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"The Boeing Company"},{"label":"Value","value":"$425,000,000"},{"label":"Effective","value":"2024-04-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}