Reports British Firm Nears Deal For Tulsa's Spirit Aerosystems - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

News

Reports: British Firm Nears Deal For Tulsa's Spirit Aerosystems Plant

Posted: Updated:
File photo. File photo.
TULSA, Oklahoma -

News reports have a British firm as the likely buyer of Spirit AeroSystems operations in Tulsa and McAlester.

TheDeal.com says GKN plc is close to purchasing the two facilities.

Spirit AeroSystems announced in August 2013 it was selling everything it owns in Oklahoma. At that time, the company said it employed about 2,700 people in Tulsa and McAlester.

8/6/2013 Related Story: Spirit Aerosystems To Sell Its Tulsa, McAlester Facilities

Market analysts have upgraded Spirit AeroSystems' stock to a buy, citing the possible sale of the company's Oklahoma operations.

TheDeal.com cites an analyst with saying those operations generate upwards of $1 billion in revenue, or about 14% of Spirit's total, of which about $200 million is tied to the Gulfstream programs, which the analyst says is losing money.

Spirit AeroSystems builds the 737 wing components for Boeing in its Tulsa facility. It purchased the Tulsa and McAlester plants from Boeing in 2005.

GKN plc is a British multinational automotive and aerospace components company.

Special Features

Community Calendar

Find out what's going on around town and submit events!

Share

See it! Shoot it! Send it! Share your weather pics and videos with NewsOn6.com!

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Mobile Alerts

Get breaking news, headlines, weather alerts & more on your cell phone.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive

Special Coverage

  • Bridge Tracker

    How safe are Oklahoma's bridges? Use Bridge Tracker to find out now.

  • Cold Case

    Join Lori and local homicide detectives as they search for Cold Case clues.

  • Fallen Heroes

    News On 6 honors our fallen Oklahoma heroes. View our interactive timeline.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Storm Zone

    Watch tornadoes tear across Oklahoma and learn how to stay safe!

  • Turnpike Timelines

    View a historical road map of Oklahoma's turnpike system.

Powered by WorldNow
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
TULSA'S OWN TM
GREEN COUNTRY'S OWN TM
Oklahoma's Own Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state including Tulsa's Own and Green Country's Own.
All content © Copyright 2000 - 2014, WorldNow and KOTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.