Spirit AeroSystems estimates its insurance claim from an April tornado will be about $400 million.
The Kansas company said Thursday that it took a $55 million charge, or 26 cents per share, in the second quarter for expenses related to the tornado.
The EF-3 tornado on April 14 damaged 40 buildings, knocked out power and took production equipment offline across the company’s complex. None of the nearly 200 employees at the plant were hurt.
The Wichita Eagle reports Spirit resumed some shipments three days after the tornado hit.
The company is currently replacing temporary fixes made after the tornado with permanent repairs.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Tesla, EEOC Plan Talks to Settle Factory Racism Suit 
Musk’s X Probed by UK Over Grok’s Thousands of Sexualized Images 
The Return Period for An LA Wildfire-Scale Event May Be Shorter Than You Think 
What The Return of California’s ‘Death Discount’ Means for Litigation 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.