UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, ~~D.C.~~DC 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Act of 1934

~~Pursuant~~Date Toof ~~Section 13~~Report ~~or 15~~(d)Date of ~~the~~earliest ~~Securities~~event ~~Exchange~~reported): ~~Act~~July 29, ~~of 1934~~ 2009

Date of Report (Date of earliest event reported): July 6, 2009

Vought Aircraft Industries, Inc.

(Exact ~~Name~~name of ~~Registrant~~registrant as ~~Specified~~specified in ~~Charter~~its charter)

Delaware		333-112528		75-2884072
(State or Other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)


Delaware (State or other jurisdiction of incorporation or organization)		333-112528 (Commission File Number)		75-2884072 (I.R.S. Employer Identification Number)

201 East John Carpenter Freeway, Tower 1, Suite 900 Irving, Texas 75062 (972) 946-2011 (Address of ~~principal~~Principal ~~executive~~Executive ~~offices~~Offices and ~~telephone~~Telephone ~~number~~Number)

~~Not Applicable~~N/A (Former ~~Name~~name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.-13e-4(c))

~~Item~~ ITEM 1.01. Entry into a Material Definitive Agreement

On July 630, 2009, Vought Aircraft Industries, Inc. (the “Company”) entered into an ~~Asset Purchase~~amendment (the “Amendment”) to its Credit Agreement, dated as of December 22, 2004 (as amended, supplemented or otherwise modified from time to time, the “~~Purchase~~Credit Agreement”) with ~~BCACSC,~~Lehman Commercial Paper Inc. (“~~Buyer~~LCPI”), aas ~~wholly~~administrative ~~owned~~agent, ~~subsidiary~~and ofcertain ~~The Boeing~~other ~~Company~~funding parties party thereto (the “~~Boeing~~Funding Parties”). ~~Under~~The Amendment amends the ~~Purchase~~Credit Agreement by, among other things: (1) permitting the sale ~~Company~~of ~~has~~the ~~agreed~~Business to(as ~~sell,~~defined ~~and~~below); ~~Buyer~~(2) specifying that the mandatory prepayment requirement ~~has~~with ~~agreed~~respect to ~~purchase~~ the ~~business,~~sale ~~assets~~of ~~and~~the ~~operations~~Business is $305 million of the ~~Company’s~~aggregate ~~787~~net ~~business~~cash ~~conducted~~proceeds from atthe ~~North~~transactions ~~Charleston,~~contemplated ~~South~~by ~~Carolina~~the Agreement (~~collectively,~~as defined below) be used to prepay the ~~“Business”~~term loans and incremental term loans under the Credit Agreement; (3). permitting ~~Buyer~~a ~~will~~non-pro ~~assume~~rata ~~all~~reduction of the commitments under the revolving facility in an amount equal to LCPI’s $15 million revolving ~~liabilities~~credit commitment; (4) incorporating the flexibility for the Company to extend the maturity of all or a portion of its revolving facility beyond the ~~Business~~previously scheduled December 22, ~~other~~2010 termination ~~than~~date; (5) converting the ~~liabilities~~existing ~~that~~$50 million tranche B synthetic letter of credit facility into an incremental term loan in the ~~Company~~amount ~~has~~of ~~agreed~~$50 million, all of which will initially be used to ~~retain~~provide cash collateral to JPMorgan Chase Bank, N.A. in support of outstanding letters of ~~including~~credit previously issued on the Company’s account under the tranche B synthetic letter of credit facility; (16) ~~pre-closing~~increase ~~environmental~~the ~~and~~interest ~~certain~~rate ~~tax~~applicable ~~liabilities~~to all loans to LIBOR plus a margin of 4.00%, with a minimum LIBOR floor of 3.50%; and (27) ~~certain~~incorporating ~~liabilities~~provisions ~~for~~ permitting the Company ~~employee~~to withhold ~~benefit~~certain ~~plans~~payments to, and grant the Company certain other ~~pre-closing~~rights ~~employee-related~~with ~~liabilities~~respect ~~and~~to, ~~(3) unknown~~Funding ~~pre-closing~~Parties ~~violations~~that ofdefault ~~law~~in ~~causing~~their ~~losses~~obligations inunder ~~excess~~the ofCredit ~~$10 million~~Agreement.

~~The~~ In ~~cash~~ consideration tofor bethe ~~paid~~Funding atParties ~~closing~~consenting to the Amendment, the Company inhas ~~connection~~agreed, among ~~with~~other ~~the~~things, ~~sale~~to ofvoluntarily ~~the Business~~prepay revolving loans and ~~the~~to ~~entry~~permanently ~~into~~reduce the ~~other~~commitments under ~~agreements~~the ~~described~~revolving ~~below~~facility isby ~~expected~~an toadditional ~~be approximately~~ $~~580~~35 million, ~~which~~(in ~~represents~~excess of the ~~agreed-upon~~$15 million ~~aggregate~~termination of ~~cash~~LCPI’s ~~consideration~~commitment ~~less~~set ~~pre-closing adjustments.~~forth ~~The~~above) ~~final~~and ~~aggregate~~to ~~consideration~~voluntarily ~~will~~prepay beterm ~~subject~~loans toand ~~further~~incremental ~~adjustments post-closing~~term ~~related~~loans toby ~~the~~$50 million ~~Company’s~~in ~~net~~excess ~~investment~~of in the ~~Business.~~mandatory ~~Boeing~~prepayment ~~will~~amount ~~guarantee~~described ~~the~~above. ~~pre-closing~~Following this ~~obligations~~prepayment ofand ~~Buyer~~commitment ~~and~~reduction, total revolving commitments will ~~provide~~be a$100 million ~~limited~~with ~~guaranty~~no borrowings ofoutstanding ~~Buyer’s~~on ~~post-closing~~the ~~indemnity~~revolver. ofThe Company has also agreed to reduce the swingline ~~Company~~commitment to $10 million.

The ~~Purchase~~Amendment ~~Agreement~~also ~~contains~~contemplates ~~representations~~that ~~and~~shortly ~~warranties~~after its effectiveness, ~~covenants~~LCPI ~~and~~will ~~indemnification~~resign as ~~customary~~administrative ~~for~~agent aand ~~transaction~~will ofbe ~~this~~replaced ~~nature~~by Barclays Bank PLC.

~~Closing~~ The foregoing description of the ~~transaction~~Amendment is ~~subject~~qualified toin ~~several~~its ~~customary~~entirety ~~closing~~by ~~conditions, including~~ the ~~requirement~~ ~~that~~Amendment, ~~the lenders under the Company’s senior credit facility agree to amend the senior~~a ~~credit~~copy ~~facility~~of onwhich ~~acceptable~~is ~~terms~~filed toas ~~permit~~Exhibit 10.1 ~~the transaction~~ to ~~close.~~this ~~The~~report ~~Company expects that in connection with obtaining such amendment~~ and ~~pursuant~~is toincorporated ~~the~~into ~~terms~~this ofItem 1.01 ~~its senior credit~~by ~~facility, the aggregate consideration attributable to the sale of assets will be used to repay a material amount of indebtedness under the senior credit facility~~reference.

~~The~~ITEM Purchase Agreement contemplates that the parties or their affiliates will enter into the following additional agreements at closing: (1) a transition services agreement, pursuant to which the Company will provide certain transition services to Buyer; (2~~) an~~.01. ~~engineering~~Completion ~~services agreement, pursuant to which the Company will provide certain engineering services to Boeing; (3) an intellectual property license agreement, pursuant to which the Company and an affiliate~~ of ~~Buyer will~~Acquisition license to each other certain intellectual property; and (4) a termination and mutual release agreement, pursuant to which the Company and Boeing will terminate their existing 787 supply agreement and release claims and resolve rights and obligations owed to each other under the existing 787 supply agreement, including obligations incurred or ~~created~~Disposition ~~as a result~~ of ~~ordinary course performance of the 787 supply agreement~~Assets.

In On ~~addition~~July 30, at2009, ~~closing~~the Company completed the sale of the business, assets and operations of the Company’s ~~parties~~787 ~~will~~business ~~enter~~conducted ~~into~~at aNorth ~~long-term~~Charleston, ~~supply~~South ~~agreement~~Carolina (collectively, ~~pursuant~~the “Business”) to Boeing Commercial Airplanes Charleston South Carolina, Inc. (formerly known as BCACSC, Inc., and ~~which~~referred ~~the~~to ~~Company~~as ~~will~~the be“Buyer”), a ~~supplier~~wholly ~~for~~owned subsidiary of The Boeing’s ~~737,~~Company ~~777~~(“Boeing”) ~~and~~pursuant ~~787~~to the ~~aircraft~~Asset ~~programs~~Purchase Agreement (the “Purchase Agreement”).

~~A copy of the press release announcing the transaction is attached hereto as Exhibit 99.1 and~~-2- ~~incorporated herein by reference.~~

~~Cautionary~~Aggregate ~~Note~~cash ~~Regarding~~consideration ~~Forward~~of ~~Looking~~approximately ~~Statements~~$591 million was paid to the Company in connection with the sale of the Business and the entry into: (1) a transition services agreement, pursuant to which the Company will provide certain transition services to Buyer; (2) an engineering services agreement, pursuant to which the Company will provide certain engineering services to Boeing; (3) an intellectual property license agreement, pursuant to which the Company and an affiliate of Buyer will license to each other certain intellectual property; and (4) a termination and mutual release agreement, pursuant to which the Company and Boeing will terminate their existing 787 supply agreement and release claims and resolve rights and obligations owed to each other under the existing 787 supply agreement, including obligations incurred or created as a result of ordinary course performance of the 787 supply agreement. In addition, at closing, the parties entered into a long-term supply agreement for new workscope on Boeing’s 737, 777 and 787 aircraft programs. The final aggregate consideration is subject to further adjustments post-closing related to the Company’s net investment in the Business. Boeing will provide a limited guaranty of Buyer’s post-closing indemnity of the Company.

~~Certain~~ A ~~statements~~copy inof ~~this~~the ~~report~~press ~~may~~release beannouncing ~~“forward-looking” within~~ the ~~meaning~~closing of the ~~Private Securities~~transaction ~~Litigation~~is ~~Reform~~attached ~~Act~~hereto ~~of 1995. Words such~~ as ~~“expects,” “intends,” “plans,” “projects,”~~ ~~“believes,”~~Exhibit 99.1 ~~“estimates,” “targets,”~~ and ~~similar~~incorporated ~~expressions~~herein ~~are~~by ~~used to identify these forward-looking statements~~reference. ~~Forward-looking statements are based upon assumptions about future~~ ~~events that may not prove to be accurate. These~~

~~statements~~ ITEM ~~are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict~~5. ~~Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements~~02. AsDeparture ~~a result, these statements speak to events only as~~ of ~~the~~Directors ~~date they are made and the Company undertakes no obligation to publicly update~~ or ~~revise~~Certain ~~any~~Officers; ~~forward-looking~~Election ~~statements, whether as a result~~ of ~~new~~Directors; ~~information, future~~Appointment events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results or outcomes to differ materially from forward-looking statements include, but are not limited to, those set forth below and other important factors disclosed previously and from time to time in the Company’s filings with the Securities and Exchange Commission as well as the risk that the Company will be unable to obtain an amendment of ~~its senior~~ ~~credit~~Certain ~~facility~~Officers; ~~pursuant~~Compensatory toArrangements ~~the Purchase Agreement on acceptable terms or at all or that the transactions contemplated by the Purchase Agreement may not be consummated as the result~~ of ~~the failure~~Certain ~~of other conditions to closing or for any other reason~~Officers.

~~Item~~ On July 929, 2009, the Company entered into an amendment (the “Romero Amendment”) to the Employment Agreement between the Company and Joyce E.01 ~~Financial~~Romero, ~~Statements~~Vice President of the Company’s 787 division, dated August 28, 2007 and ~~Exhibits~~previously amended on December 31, 2008 (the “Romero Agreement”). The effectiveness of the Romero Amendment was conditioned on the consummation prior to December 31, 2010 of the sale of the assets and operations of the Business. The Romero Amendment increases certain severance amounts payable to Ms. Romero and provides other severance benefits in the event of the termination of her employment under certain circumstances. If Ms. Romero’s employment is terminated by the Company without Cause (as defined in the Romero Agreement) or Ms. Romero resigns her employment for Good Reason (as defined in the Romero Agreement), Ms. Romero will be entitled to (i) a lump sum payment equal to 18 months of her annual base salary plus 1.5 times her annual target bonus; (ii) a lump sum payment in respect of continued medical benefits; (iii) reimbursement of reasonable relocation expenses; and (iv) 12 months of executive outplacement services. In addition, upon such a termination, the Romero Amendment provides that Ms. Romero would be entitled to accelerated vesting of any unvested restricted stock units held as of the termination date.

~~(d)~~ Effective July ~~Exhibits~~30, 2009, Ms. Romero’s employment with the Company ceased and she is entitled to the termination payments and benefits described above.

Exhibit
Number		Description
99.1		Press Release issued by Vought Aircraft Industries, Inc. dated July 7, 2009.

Item 9.01. Financial Statements and Exhibits.

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Exhibit
Number		Description of Exhibit
10.1		Amendment to Credit Agreement, dated as of July 30, 2009, by and among Vought Aircraft Industries, Inc., as borrower, certain subsidiaries of Vought Aircraft Industries, Inc., as guarantors, certain Financial Institutions, as lenders, Lehman Commercial Paper Inc., in its capacity as administrative agent and in its capacity as collateral agent, JPMorgan Chase Bank, N.A., in its capacity as syndication agent and Goldman Sachs Credit Partners, L.P., as Documentation Agent.

99.1		Press Release issued by Vought Aircraft Industries, Inc. dated July 30, 2009.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

VOUGHT AIRCRAFT INDUSTRIES, INC. By: /s/ Keith Howe Vice President and Chief Financial Officer


Date: July 30, 2009	VOUGHT AIRCRAFT INDUSTRIES, INC.
	By:	/s/ Keith B. Howe
	Name:		Keith B. Howe
	Title:		Vice President and Chief Financial Officer

~~Date: July 7, 2009~~-5-

~~INDEX~~EXHIBIT ~~TO EXHIBITS~~INDEX

Exhibit
Exhibit Number		Description of Exhibit
Number		Description
10.1		Amendment to Credit Agreement, dated as of July 30, 2009, by and among Vought Aircraft Industries, Inc., as borrower, certain subsidiaries of Vought Aircraft Industries, Inc., as guarantors, certain Financial Institutions, as lenders, Lehman Commercial Paper Inc., in its capacity as administrative agent and in its capacity as collateral agent, JPMorgan Chase Bank, N.A., in its capacity as syndication agent and Goldman Sachs Credit Partners, L.P., as Documentation Agent.
99.1		Press Release issued by Vought Aircraft Industries, Inc. dated July 730, 2009.

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