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1 Spirit – A Leader in Aerospace Jeff Turner President and Chief Executive Officer Credit Suisse Aerospace and Defense Conference December 6, 2006

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1

Spirit – A Leader in Aerospace

Jeff TurnerPresident and Chief Executive Officer

Credit Suisse Aerospace and Defense ConferenceDecember 6, 2006

2

Our Message

Successful IPO… Validated strategy, performance, and financial health

Well positioned in a strong commercial aerospace market

Significant growth opportunities leveraging technology, cost structure and experience

Strong operating performance and healthy balance sheet

Aerospace Industry Leader

3

Financial Summary ($MM)

$93Free Cash Flow

$589Capital Resources and Liquidity

$400Revolving Credit Facility2

108%Conversion on Net Income1

$189Cash Balances

($233)Capital Expenditures$326Cash From Operations

$86Net Income

$0.71EPS (Diluted)

7.8%Operating Margins

$623

$184

$2,356

Total Debt3

Operating Income

Revenue

Strong Operating Performance… Financially Healthy

Nine Month PeriodEnded 9/28/06

1 Free Cash Flow / Net Income2 Revolving Credit Facility in place on November 273 Includes $100M debt reduction from IPO Proceeds

Profitability

Cash Flow

Liquidity

Debt

4

Background… 75 Year Operating Heritage

State Of The Art Facilities & Capabilities

Wichita, KSWichita, KS

Prestwick, ScotlandPrestwick, Scotland Tulsa, OKTulsa, OK

5

Superior Design & Build Capabilities

Industry Leading Technology

6

Advanced Materials and Processes

Expertise In Engineering Composite Aircraft

7

Focused Team

Experienced & Motivated People

8

Significant Content On All Boeing Single And Twin-Aisle Programs

B737 B747

B767

B787

B777

Shipset Value: $8.0–12.0MM

Shipset Value: $8.4–14.6MM

Shipset Value: $10.0–11.3MM Shipset Value: $4.0–6.9MM

Shipset Value: $5.6–7.5MM

Largest Independent Structures Supplier to Boeing

9

Largest Independent Structures Supplier to Airbus

A320 A380

New Relationships Create Growth Opportunities For Spirit

Announced A320 production rate increasesA350 XWB launched Concentrating supply base: Favors full service Tier One’sAdditional outsourcing expected

Shipset Value: $0.8-1.0MM Shipset Value: $1.2MM

10

Most Complete Product Offering

Global Market Leader For Commercial Aerostructures

CompanyNacelles /

Thrust Reversers

Struts / PylonsForward Fuselage

Other Fuselage

Structures

Wing / Flight Control

Surfaces

Competitor A

Competitor B

Competitor C

Competitor D

Competitor E

Competitor F

11

787 Program Update

Production Facility On-Line!

12

787 Program Update

Spirit Content On Track… Continuing To Support Customer's Program Initiatives

•Completed three contoured fuselage test barrels

•Delivered three engine pylons

•Delivered the first wing fixed leading edge

•Working to achieve new weight targets

13

Compelling Investment Opportunity

Positioned on the best selling Boeing and Airbus platforms

Significant growth opportunities

Strong and predictable revenue and earnings growth

Growing Industry Leader

14

605668

835903

975 1,032

0

200

400

600

800

1,000

1,200

2004 2005 2006 2007 2008 2009

Growing Industry

Source: 2005 deliveries from Boeing and Airbus. Forecast based on Wall Street research

Delivery Estimates

11.3% CAGR

$17B Backlog With Growth Potential

BoeingAirbus

Spirit is sole source supplier to the best selling programs… $17B BacklogMarket demand indicates higher production rates on single aisle and twin aisle aircraft The U.S. legacy airlines not yet in the mix… Additional demandPlus additional growth from other sectors

15

Outsourcing Trend Creates Opportunity to Grow

9%4%

4%

50%33%

OEM outsourcing drivers:• Cost savings• Lower asset intensity• Spreads investment risk

Beneficiaries are Tier 1 suppliers

Introducing new capacity and capabilities to a receptive market

Early adoption of composites positions us for future composite aircraft business

OtherSuppliers

In-house

Spirit

Spirit Well Positioned To Benefit From OutsourcingSource: Counterpoint Market Intelligence

Global Aerostructures Market (2004)

Total Market: $24 Billion

Competitor 1

Competitor 2

16

Post acquisition, Spirit has won several significant contracts in competitive processes

Won new work with Boeing

Won extended work with Boeing

New customer wins

Robust and growing pipeline

New Business Wins

Balanced Bid Pipeline (Dollar Value)

Competitive Cost Structure Has Been Validated By Market

Boeing

AirbusBusiness Jet

Military

29% 24%

24%23%

Source: Spirit

17

Strong Growth Through The Upcycle

Growing Core Market

High Growth Platforms

Winning New Business

Leading the Outsourcing Trend

B787 Content

Potential To Grow Faster Than The Market

Growing Faster Than Market

18

Focused On Executing Current Business… While Leveraging Core Strengths For Growth And Long Term Value Creation

Management Focus

Execution across all customer programs… Cost, quality and delivery, driving financial performance

787 development, production readiness and execution

Supply base health and rate readiness

Growth rates beyond market

19

Summary

Competitively positioned in a strong commercial aerospace market… Focused on customer satisfaction

Core business is performing well… Execution on current business is a top priority

Design and build capabilities, leading edge technology and cost structure create growth opportunities

Excellent backlog and financially healthy

Aerospace Industry Leader

20

Forward Looking Statements

The following information contains forward-looking statements. These forward-looking statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors, many of which are outside management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. You are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. All forward-looking statements are based on information available to management on this date and Spirit AeroSystems Holdings, Inc., assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.