Spirit’s second quarter 2019 revenue was US$2.0 billion, up from the same period of 2018. This increase was primarily driven by higher production volumes on the Boeing 777 and 787 programs, favorable model mix on the Boeing 737 program and higher revenue recognized on the Boeing 787 program. Second quarter net income was US$168 million up from US$145 in the second quarter 2018.
Spirit’s backlog at the end of the second quarter of 2019 was approximately US$46 billion, with work packages on all commercial platforms in the Boeing and Airbus backlog.
Operating income for the second quarter of 2019 was US$226 million, up compared to US$218 million in the same period of 2018.
Cash from operations in the second quarter of 2019 was US$230 million, compared to US$231 million in the same quarter last year. Adjusted free cash flow in the second quarter of 2019 was US$193 million, up compared to US$171 million in the same period of 2018.
