Jeffrey Turner, President and CEO of Spirit AeroSystems, Inc.
Keynote speaker at MIT LGO conference on "The Future of Manufacturing in the U.S." (May 8, 2012)
The current environment presents substantial challenges to U.S.-based, labor-intensive manufacturing, yet Aerospace is a significant contributor to the national economy and has the highest positive trade balance of any U.S. manufacturing sector. Spirit AeroSystems, the world's largest non-OEM designer and manufacturer of aerostructures for commercial aircraft, continues to transform itself and profitably grow the business. Challenges include historic production rate increases by the OEMs, consolidation in the supply base, and tightened global competition.
Mr. Turner's talk addresses the transformations that Spirit is undergoing to meet these challenges, which include a heightened emphasis on lean efficiencies and growing a diversified customer base, to developing innovative technology, products and manufacturing processes, and signing long-term labor contracts.