Document:

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                                                                    EXHIBIT 10.6

Mr. Neil McManus

Managing Director

BAE Systems

Building 90

Prestwick International Airport

Ayrshire KA9 2TW

20 March, 2006

Dear Neil,

Further to our recent telephone conversation, I am now pleased to be able to
offer you the post of Vice President and Managing Director for Spirit
AeroSystems (Europe) Limited starting on 31 March 2006 at a salary of
(pound)105,000.00 per annum on the terms set out in the attached Statement of
Terms and Conditions of Employment.

If the terms of this offer are acceptable, please sign and date the enclosed
copy of the Statement on page 9 return it to me. A stamped addressed envelope is
enclosed for this purpose.

I look forward to with you.

Yours sincerely

                                             /s/ Jan Nicolson
---------------------------                  --------------------------------

Ron Brunton                                  Jan Nicolson

Chief Operating Officer                      Sr. Vice President Human Resources

Spirit AeroSystems, Inc.                     Spirit AeroSystems, Inc.

<PAGE>

                 STATEMENT OF TERMS AND CONDITIONS OF EMPLOYMENT

1.    COMMENCEMENT OF EMPLOYMENT

Your employment starts on the date stated in the letter offering you employment
(offer letter) (or such other date as may be agreed) and that date shall be the
date from which your period of continuous employment shall be calculated (unless
the offer letter states that it is to be calculated from an earlier date).

2.    JOB TITLE

Your job title and the person to whom you are to report are stated in your offer
letter but, in addition to your normal duties, you may be required to undertake
other duties from time to time. The Company reserves the right to change your
job title and to vary your duties if the needs of the Company's business so
require. The Company may also change your reporting line in accordance with the
needs of its business from time to time.

3.    PLACE OF WORK

Your normal place of work will be Spirit AeroSystems (Europe) Limited, Prestwick
International Airport, Ayrshire, United Kingdom, but the Company reserves the
right to require you to work elsewhere if the interests of the Company's
business so require.

4.    SALARY

Your salary per annum at the start of your employment is as stated in your offer
letter. It shall be paid monthly in arrears in equal instalments into a Bank or
Building Society account nominated by you on or about the fifteenth day of each
calendar month. [Unless your offer letter states otherwise, you will not be
entitled to payment for overtime.]

5.    EXPENSES

The Company shall refund to you out of pocket expenses properly and reasonably
incurred by you (including travelling and entertainment expenses) in or about
the performance of your duties provided you submit expense claims for approval
at weekly intervals supported by all appropriate vouchers and in accordance with
the Company's expense reimbursement policy applicable from time to time.

6.    HOURS OF WORK

The Company's standard working week is [35] hours per week (Monday to Friday
[9.30 am to 5.30 pm] exclusive of one hour lunch break). You are required to
work such additional hours as may be necessary for the proper performance of
your duties and the proper functioning of the business.

7.    HOLIDAY AND HOLIDAY PAY

(a)   You will be entitled to 25 working days paid annual holiday to be taken at
      times approved of by and agreed with the Company in advance. The holiday
      year is 1st January to 31st December]. No more than [10] days may normally
      be taken at one time.

<PAGE>

(b)   In addition to annual holiday, you will also be entitled to all public
      holidays applicable to England and Wales and will be paid in respect of
      these days. [The Company may require you to work on a public holiday if
      the needs of the business require it but in this event you will be granted
      a compensatory day's holiday.]

(c)   If you start or leave your employment during a holiday year, your holiday
      entitlement in respect of that year will be calculated at the rate of
      [1.67] days for each complete month of service.

(d)   Upon termination of your employment you will be entitled to pay in lieu of
      any unused holiday entitlement or required to repay to the Company pay
      received for holiday taken in excess of your holiday entitlement. Any sums
      so due to the Company may be deducted from any money owing to you by the
      Company. For the purpose of calculating pay due to you or owed by you to
      the Company, one days pay shall be calculated at the rate of 1/260th of
      your annual salary.

8.    MATERNITY PATERNITY AND ADOPTION LEAVE AND PAY

Statutory Maternity Paternity and Adoption Leave (as appropriate) will be given
and Statutory Maternity Paternity or Adoption Pay (as appropriate) will be paid
to qualifying employees subject to and in accordance with the relevant statutory
rules.

9.    ABSENCE OTHER THAN THROUGH SICKNESS, HOLIDAYS AND MATERNITY

Normally, additional time off will only be granted exceptionally and without
pay. However, the Company may at its discretion give additional time off with
pay (less any allowances which you may be entitled to receive from a third party
in respect of the absence) where the absence is to be for a substantial reason
(eg bereavement and funeral of a very close relative or the need to attend court
as a witness or juryman). You will not be paid for days of unauthorised absence.

10.   PENSION

You are eligible to become a member of the Company's Pension Scheme, subject to
the terms of its trust deed and rules from time to time in force. A
contracting-out certificate is not currently in force in respect of your
employment. The Company may deduct from any monies due to you from the Company
any contributions you may be liable to make in respect of the Scheme. The
Company reserves the right to amend, vary or discontinue the Scheme at any time
in appropriate circumstances.

11.   COMPANY CAR

You are eligible to receive a Company car allowance in the amount of
(pound)10,000.00 per month.

12.   TERMINATION OF EMPLOYMENT

(a)   Your employment may be terminated by written notice given by the Company
      or you as follows:

      (i)   6 month's minimum notice required by the Company for reasons other
            than gross misconduct.

<PAGE>

      (ii)  3 month's minimum notice required by yourself.

(b)   In respect of any period when notice is running the Company reserves the
      right to suspend you and/or to exclude you from Company premises. During
      any period of suspension or exclusion you will be paid and be entitled to
      benefits as if you were working normally.

(c)   No notice or payment in lieu of notice will be given where the Company is
      entitled to dismiss you on a summary basis. The Company reserves the right
      to suspend you with pay from duty in connection with the investigation of
      any misconduct or gross neglect by you.

(d)   Your employment will automatically terminate without the need for prior
      notice upon your attaining the age of 65 if you are still in the Company's
      employment immediately before your 65th birthday.

(e)   On the termination of your employment you must return all Company property
      including, but not limited to, any Company equipment, computer discs,
      books, keys, documents, correspondence, records, credit cards and passes
      which are in your possession or under your control and, if required to do
      so by the Company, sign a declaration that you have complied with these
      obligations.

(f)   You shall not at any time after the termination of your employment
      represent yourself as being interested in or employed by or in any way
      connected with the Company or any Associated Company.

(g)   You shall not for a period of [12] months after the termination of your
      employment either alone or jointly with or on behalf of any person
      directly or indirectly solicit or entice away or endeavour to solicit or
      entice away from the Company any person who at the date of termination of
      your employment or at any time in 12 months prior to that date is employed
      by the Company and with whom you have worked during the course of your
      employment.

13.   COMPANY PROPERTY

All Company property issued to you and entrusted to your care, [including any
Company vehicle,] must be maintained in good order (at the Company's expense)
and must be returned by you as required. You may not remove from the Company's
premises any Company property without the prior written authorization of your
Manager.

14.   INTELLECTUAL PROPERTY

[(a)  It is foreseen that you may create make or discover Intellectual Property
      in the course of your duties and in this respect you have a special
      obligation to further the interests of the Company.

(b)   Subject to the relevant provisions of the Patents Act 1977 the Registered
      Designs Act 1949 and the Copyright Designs and Patents Act 1988, if at any
      time in the course of your employment you create make or discover or
      participate in the creation making or discovery of any Intellectual
      Property you must immediately disclose full details of

<PAGE>

      such Intellectual Property to the Company and at the request and expense
      of the Company you must from time to time do all things and execute all
      deeds and documents which may be necessary or desirable for obtaining
      appropriate forms of protection for the Intellectual Property in such
      parts of the world as may be specified by the Company and for vesting all
      rights in the same in the Company or its nominee and for perfecting the
      power of attorney specified in paragraph 21(c) below.

(c)   You irrevocably appoint the Company to be your attorney in your name and
      on your behalf to sign execute or do any instrument or thing and generally
      to use your name for the purpose of giving the Company or its nominee the
      full benefit of the provisions of paragraph 21(b) above and in favour of
      any third party a certificate in writing signed by any director or the
      secretary of the Company that any instrument or act falls within the
      authority conferred by this paragraph shall be conclusive evidence that
      such is the case.

(d)   You waive all moral rights (as defined in the Copyright Designs and
      Patents Act 1988) in respect of any acts of the Company or any acts of
      third parties done with the Company's authority in relation to any
      Intellectual Property which is the property of the Company by virtue of
      paragraph 21(b) above.

(e)   If at any time during the period of your employment you shall create make
      or discover any Intellectual Property other than in the course of your
      employment you must immediately disclose full details of such Intellectual
      Property to the Company who shall have the right to acquire for itself or
      its nominee such Intellectual Property within 3 months after notification
      on fair and reasonable terms to be agreed or as settled by a single
      arbitrator.

(f)   All rights and obligations in respect of Intellectual Property created
      made or discovered by you during your employment shall continue in full
      force and effect after the termination of your employment and shall be
      binding upon your personal representatives.

(g)   The term "Intellectual Property" means letters patent, trade marks,
      service marks, designs, copyrights, utility models, design rights,
      applications for registration of any of the foregoing and the right to
      apply for them in any part of the world, inventions, drawings, computer
      programs, Confidential Information, know-how and rights of like nature
      arising or subsisting anywhere in the world in relation to all of the
      foregoing whether registered or unregistered.]

15.   CONFIDENTIALITY

(a)   You acknowledge that the Company possess and will continue to possess
      confidential information which is of commercial value to the business of
      the Company and that your employment creates a relationship of confidence
      and trust between you and the Company in respect thereof.

(b)   You must not (other than in the proper performance of your duties or
      without the written consent of the Company or unless ordered by a court of
      competent jurisdiction) at any time whether during the continuance of your
      employment or after its termination disclose or communicate to any person
      or use for your own benefit or the benefit of any person

<PAGE>

      other than the Company or any Associated Company any Confidential
      Information which may come to your knowledge in the course of your
      employment and you shall during the continuance of your employment use
      your best endeavours to prevent the unauthorised publication or misuse of
      any confidential information provided that such restrictions shall cease
      to apply to any confidential information which may enter the public domain
      other that through your default.

(c)   All notes and memoranda of any trade secret or confidential information
      concerning the business of the Company and the Associated Companies or any
      of its or their suppliers, agents, distributors, customers or others which
      shall have been acquired received or made by you during the course of your
      employment shall be the property of the Company and shall be surrendered
      by you to someone duly authorised in the behalf at the termination of your
      employment or at the request of the Company at any time during the course
      of your employment.

(d)   [The term "confidential information" includes but is not limited to the
      matters set out in the Appendix to these Terms and Conditions of
      Employment.]

16.   OTHER ACTIVITIES

You may not without the Company's written consent engage in any other trade or
business. The Company will not unreasonably refuse to consent to your
undertaking such activity if it does not, in its reasonable judgment, detract
from your capacity to fulfil your duties and is not prejudicial to the Company's
interests. The Company reserves the right to withdraw an approval but will not
do so unreasonably. This paragraph does not affect your right to participate in
public affairs.

17.   HEALTH AND SAFETY

You will comply with the Company's safety and security procedures and observe in
full the requirements of all Health and Safety legislation.

18.   CHANGES TO YOUR TERMS OF EMPLOYMENT

The Company reserves the right to make reasonable changes to any of your terms
and conditions of employment. Any major changes will be notified to you in
writing and minor ones by notice [on the Company notice board.]

19.   OTHER MATTERS

(a)   The Company shall be entitled at any time during your employment or on its
      termination to deduct from your salary or any other sums due to you from
      the Company any monies due from you to the Company in respect of any
      overpayment of any kind made to you or in respect of any debt or other sum
      due from you.

(b)   References in these Terms and Conditions to "Associated Company" and
      "Associated Companies" are references to any company which is a holding
      company or a subsidiary of the company or a subsidiary of the Company' s
      holding company [as defined in s736 Companies Act 1985].

(c)   There are no collective agreements applicable to your employment.

<PAGE>

(d)   The terms of your employment shall be governed by English Law.

I accept the terms set out above.

Signed   /s/  Neil McManus
         -------------------------------

         Neil McManus

Dated    29/3/06
         -------------------------------<PAGE>

                                                                    Exhibit 10.7

================================================================================

                                   MID-WESTERN
                                AIRCRAFT SYSTEMS
                                 HOLDINGS, INC.
                                    EXECUTIVE
                                 INCENTIVE PLAN

================================================================================

                                  June 16, 2005

<PAGE>

                   MID-WESTERN AIRCRAFT SYSTEMS HOLDINGS, INC.
                            EXECUTIVE INCENTIVE PLAN

                                Table of Contents

<TABLE>
<S>                                                                          <C>
ARTICLE I -- PURPOSE......................................................    1
   Section 1.01.   Purpose................................................    1
ARTICLE II -- DEFINITIONS.................................................    1
   Section 2.01.   Affiliate..............................................    1
   Section 2.02.   Board of Directors.....................................    2
   Section 2.03.   Change in Control......................................    2
   Section 2.04.   Closing Date...........................................    2
   Section 2.05.   Committee..............................................    2
   Section 2.06.   Company................................................    2
   Section 2.07.   Employee...............................................    2
   Section 2.08.   Employer...............................................    2
   Section 2.09.   Liquidity Event........................................    2
   Section 2.10.   Market Value...........................................    2
   Section 2.11.   Onex...................................................    3
   Section 2.12.   Participant............................................    3
   Section 2.13.   Person.................................................    3
   Section 2.14.   Plan...................................................    3
   Section 2.15.   Plan Year..............................................    3
   Section 2.16.   Return on Invested Capital.............................    4
   Section 2.17.   Separation from Service................................    4
   Section 2.18.   Sole Discretion........................................    4
   Section 2.19.   Termination For Cause..................................    4
ARTICLE III -- ELIGIBILITY................................................    5
   Section 3.01.   Eligibility............................................    5
ARTICLE IV -- PURCHASES OF STOCK..........................................    5
   Section 4.01.   Purchases of Stock.....................................    5
   Section 4.02.   Purchase Price.........................................    5
ARTICLE V -- GRANTS OF RESTRICTED SHARES..................................    5
   Section 5.01.   Grants of Restricted Shares............................    5
   Section 5.02.   Interest in Restricted Shares..........................    6
</TABLE>

                                       -i-

<PAGE>

<TABLE>
<S>                                                                          <C>
   Section 5.03.   Dividends..............................................   11
   Section 5.04.   No Rights of Stockholder...............................   11
ARTICLE VI -- CONDITIONS AND RESTRICTIONS.................................   11
   Section 6.01.   General Conditions and Restrictions....................   11
   Section 6.02.   Restriction on Transfer of Shares......................   12
   Section 6.03.   Legends................................................   12
ARTICLE VII -- ADMINISTRATION.............................................   12
   Section 7.01.   Committee..............................................   12
   Section 7.02.   Reliance on Certificates, etc..........................   13
ARTICLE VIII -- AMENDMENT AND TERMINATION.................................   13
   Section 8.01.   Amendment and Termination..............................   13
ARTICLE IX -- MISCELLANEOUS...............................................   13
   Section 9.01.   Effective Date.........................................   13
   Section 9.02.   Payments Net of Withholding............................   14
   Section 9.03.   Binding on Successors..................................   14
   Section 9.04.   State Law..............................................   14
   Section 9.05.   Headings...............................................   14
   Section 9.06.   Notices................................................   14
   Section 9.07    Severability...........................................   14
   Section 9.08.   No Contract of Employment..............................   14
   Section 9.09.   Government and Other Regulations.......................   14
   Section 9.10.   Nonexclusivity of the Plan.............................   15
</TABLE>

                                      -ii-

<PAGE>
                   MID-WESTERN AIRCRAFT SYSTEMS HOLDINGS, INC.
                            EXECUTIVE INCENTIVE PLAN

     WITNESSETH: THAT;

     WHEREAS, the Company desires to provide Participants with the opportunity
to acquire an equity interest in the Company through the purchase and granting
of shares of Class B Common Stock, par value $0.01 per share (the "Common
Stock"), in the Company on the terms and conditions set forth herein; and

     WHEREAS, the Board of Directors of the Company has reviewed the terms and
provisions hereof and found them satisfactory.

     NOW, THEREFORE, the Company hereby adopts the Plan on the terms and
conditions set forth herein, which Plan shall be known as the "Mid-Western
Aircraft Systems Holdings, Inc. Executive Incentive Plan."

                              ARTICLE I -- PURPOSE

     Section 1.01. Purpose. The purpose of the Plan is to provide Participants
with the opportunity to acquire an equity interest in the Company through the
sale and/or grant of shares of Common Stock ("Shares") by the Company to the
Participants, subject to certain conditions and restrictions, as set forth in
the Plan. The maximum aggregate number of Shares that may be purchased by or
granted to the Participants under the Plan shall be 5,000,000 Shares.

                            ARTICLE II -- DEFINITIONS

     For purposes of the Plan, the following terms shall have the following
meanings, unless the context clearly indicates otherwise.

     Section 2.01. Affiliate means, with respect to any Person, (a) any director
or executive officer of such Person, (b) any spouse, parent, sibling, descendant
or trust for the exclusive benefit of such Person or his or her spouse, parent,
sibling or descendant (or the spouse, parent, sibling or descendant of any
director or executive officer of such Person), and (c) any other Person that,
directly or indirectly, controls or is controlled by or is under common control
with such Person. For the purpose of this definition, (i) "control" (including
with correlative meanings, the terms "controlling," "controlled by" and "under
common control with"), as used with respect to any Person, means the possession,
directly or indirectly, of the power to direct or cause the direction of the
management and policies of such Person, whether through the ownership of voting
securities, status as a general partner, or by contract or otherwise and (ii)
Onex shall be deemed to control any Person controlled by Gerald W. Schwartz so
long as Mr. Schwartz controls Onex Corporation.

                                       -1-

<PAGE>

     Section 2.02. Board of Directors means the Board of Directors of the
Company.

     Section 2.03. Change in Control means a transaction pursuant to which a
Person, or more than one Person acting as a group (in either case, however,
excluding Onex), acquires (i) more than 50% of the total voting power of the
stock of the Company (including, but not limited to, acquisition by merger,
consolidation, recapitalization, reorganization or sale or transfer of the
Company's equity interests) or (ii) all or substantially all of the assets of
the Company or Mid-Western Aircraft Systems, Inc. and all or substantially all
of the proceeds from such transaction are distributed to the stockholders of the
Company.

     Section 2.04. Closing Date means June 16, 2005, being the closing date of
the sale of assets from The Boeing Company to Mid-Western Aircraft Systems,
Inc., pursuant to that certain Asset Purchase Agreement by and between The
Boeing Company and Mid-Western Aircraft Systems, Inc., dated as of February 22,
2005 (the "Asset Purchase Agreement").

     Section 2.05. Committee means the Board of Directors or a committee
appointed by, and serving at the pleasure of, the Board of Directors for
purposes of administering the Plan, which committee shall operate under rules
and procedures established by the Board of Directors from time to time for such
purpose.

     Section 2.06. Company means Mid-Western Aircraft Systems Holdings, Inc., a
Delaware corporation, or its successor.

     Section 2.07. Employee means a consultant or independent contractor of the
Employer or any individual who is employed and compensated (by a payroll check
issued directly from the Employer or Employer agent to the Employee or direct
payroll deposit made to the Employee's account) by the Employer or Employer
agent.

     Section 2.08. Employer means the Company, Mid-Western Aircraft Systems,
Inc. (or its successor), and any other entity that adopts this Plan with the
consent and approval of the Committee.

     Section 2.09. Liquidity Event means any of the following events:

     A.   A Change in Control; or

     B.   A sale of Shares or other equity securities of the Company by Onex
          (whether by merger, consolidation, recapitalization, reorganization or
          sale or transfer of the Company's equity interests) which does not
          constitute a Change in Control, other than a sale of Shares (i) to a
          Person included in the definition of "Onex" contained in this Plan, or
          (ii) within 180 days following the Closing Date, to one or more of
          Onex's institutional co-investors.

     Section 2.10. Market Value means, with respect to a Share at the time of a
Liquidity Event (or deemed Liquidity Event), an amount equal to A. divided by B.
where:

                                       -2-

<PAGE>

     (a)  "A" equals (i) the unencumbered value of the Company, determined in
          accordance with recommendations from management of the Company or
          Mid-Western Aircraft Systems, Inc., which recommendations shall be
          based upon appropriate valuation factors, including earnings and
          multiples of earnings of comparable companies, less (ii) total
          outstanding debts, capitalized leases, and other obligations of the
          Company, whether secured or unsecured, and the preference amount of
          any outstanding preferred stock; and

     (b)  "B" equals the total number of outstanding shares of common stock of
          the Company plus the total number of shares of common stock of the
          Company issued or issuable upon exercise, exchange, or conversion of
          any outstanding options, warrants, or other rights or convertible
          securities exercisable or exchangeable for, or convertible into,
          common stock of the Company, less any shares or other equity interests
          in which the holder thereof has not acquired an interest on or before
          the date of the Liquidity Event (or deemed Liquidity Event),
          determined, if necessary, on an iterated basis (e.g., in the case of
          Restricted Shares, which shall be iterated to the nearest
          one-hundredth of a percent of Return on Invested Capital).

     The determination of Market Value shall be made by the Board of Directors,
in its Sole Discretion; provided, however, that (i) on an initial public
offering, the Market Value shall equal the sale price in such initial public
offering, net of underwriting commissions and discounts, and (ii) following an
initial public offering, if the stock of the Company becomes listed or quoted on
a nationally recognized market or exchange, from and after that date, Market
Value shall mean the closing price per share of common stock of the Company.

     Section 2.11. Onex means Onex Partners LP, Onex Corporation or any
Affiliate of Onex Partners or Onex Corporation, including, for purposes of this
Plan, (a) any Person which has granted to Onex Partners, Onex Corporation or any
of their respective Affiliates the right to vote or dispose of such Person's
Shares (other than pursuant to the Stockholders Agreement (as defined below) and
(b) any employee, officer or director of Onex Corporation.

     Section 2.12. Participant means an Employee who has been designated by the
Committee as eligible to participate in this Plan pursuant to Section 3.01.
Where the context requires, the term "Participant" also shall include a former
Participant.

     Section 2.13. Person means an individual, trust, estate, partnership,
limited liability company, association, corporation, or other entity.

     Section 2.14. Plan means this Mid-Western Aircraft Systems Holdings, Inc.
Executive Incentive Plan, as amended.

     Section 2.15. Plan Year means the 12-month period commencing January 1 each
year; provided, however, that the initial Plan Year shall be a short year
commencing on the Closing Date and ending on December 31, 2005.

                                       -3-

<PAGE>

     Section 2.16. Return on Invested Capital means, as of the date (the
"Measurement Date") of a Liquidity Event (or deemed Liquidity Event, in
accordance with Section 5.02.D.3), the result produced using the XIRR function
of Microsoft Excel (or comparable software package that provides for a similar
calculation or algorithm), for the following values and dates: (1) each amount
actually received by Onex in respect of Shares (input as a positive number), on
a cumulative basis, as a result of all Liquidity Events occurring on or prior to
the applicable Measurement Date, as of the date of receipt by Onex; (2) the
Applicable Percentage (as defined below) of each dividend (input as a positive
number), on a cumulative basis, actually paid by the Company to Onex on or prior
to the applicable Measurement Date, as of the date of receipt by Onex; and (3)
the Applicable Percentage of the amount of each equity investment made by Onex
in the Company (input as a negative number) as of the date of such investment.
"Applicable Percentage" means the percentage determined under Section 5.02.B.

     The determination of Return on Invested Capital shall be made by the
Committee, in its Sole Discretion.

     Section 2.17. Separation from Service means the termination of employment
(including termination of a consulting or independent contractor arrangement)
with the Employer. The term includes, but is not limited to, a termination which
arises from a Participant's death, disability, discharge (with or without
cause), or voluntary termination. In the case of an employee, the term shall not
include any temporary absences due to vacation, sickness, or other leaves of
absence granted to a Participant by the Employer. A Separation from Service
shall not be deemed to occur, however, upon a transfer involving any combination
of any entity comprising the Employer.

     Section 2.18. Sole Discretion means the right and power to decide a matter,
which right may be exercised arbitrarily at any time and from time to time.

     Section 2.19. Termination For Cause means, with respect to a Participant, a
Separation from Service involving (i) gross negligence or willful misconduct in
the exercise of a Participant's responsibilities; (ii) breach of fiduciary duty
with respect to the Employer; (iii) material breach of any provision of an
employment or consulting contract; (iv) the commission of a felony crime or
crime involving moral turpitude; (v) theft, fraud, misappropriation, or
embezzlement (or suspicion of the same); (vi) willful violation of any federal,
state, or local law (except traffic violations and other similar matters not
involving moral turpitude); or (vii) refusal to obey any resolution or direction
of the Participant's supervisor or the Board of Directors. The Committee shall
determine, in its Sole Discretion, whether, for purposes of the Plan, a
Participant has incurred a Separation from Service that is a Termination for
Cause. The foregoing definition of Termination For Cause shall apply only to
this Plan and no other plan, agreement or arrangement to which the Company or
any of its subsidiaries is a party.

                                      -4-

<PAGE>

                           ARTICLE III -- ELIGIBILITY

     Section 3.01. Eligibility. The Committee shall have the unrestricted right
and power, which may be exercised in its Sole Discretion at any time and from
time to time, to designate Employees who are eligible to participate in the
Plan.

                        ARTICLE IV -- PURCHASES OF STOCK

     Section 4.01. Purchases of Stock. Shares of common stock in the Company
("Shares") may be offered for purchase by Participants in accordance with the
terms and provisions of the Plan at such time and in such manner as the
Committee may determine, in its Sole Discretion. If the total number of Shares
subscribed for by Participants in an offering exceeds the total number of Shares
available for purchase by Participants under the Plan, the Committee shall make
an allocation of the available Shares as it shall determine to be equitable (it
being understood that neither the Board of Directors nor the Committee shall be
obligated to sell or grant all of the Shares allocated by the Company for
issuance under this Plan). Participation by a Participant in any offer of Shares
under the Plan shall neither limit nor require participation by the Participant
in any other offer of Shares under Plan, it being within the Sole Discretion of
the Committee to determine the individuals eligible to participate in the Plan
and in any offer of Shares under Plan. The Shares may be either previously
issued Shares that have been reacquired by the Company or authorized but
unissued Shares, as the Board of Directors shall from time to time determine. If
any Shares offered for purchase by Participants under the Plan are not
purchased, such Shares shall again become available to be offered for purchase
by Participants pursuant to the Plan.

     Section 4.02. Purchase Price. The price per Share offered for purchase by
Participants under the Plan shall be approved by the Board of Directors in its
Sole Discretion. A Participant purchasing Shares under the Plan shall pay the
purchase price for such Shares in immediately available funds or such other
consideration, as determined by the Committee in its Sole Discretion, delivered
to the Company at the time and in the manner established by the Committee.

                    ARTICLE V -- GRANTS OF RESTRICTED SHARES

     Section 5.01. Grants of Restricted Shares. The Committee shall have the
right from time to time to grant Shares with such restrictions and contingencies
described in this Plan (the "Restricted Shares") to Participants (it being
understood that neither the Board of Directors nor the Committee shall be
obligated to sell or grant all of the Shares allocated by the Company for
issuance under this Plan). Participation by a Participant in any grant of Shares
under the Plan shall neither limit nor require participation by the Participant
in any other grant of Shares under Plan, it being within the Sole Discretion of
the Committee to determine the individuals eligible to participate in the Plan
and in a grant of Shares under Plan. The Shares may be either previously issued
Shares that have been reacquired by the Company or authorized but unissued
Shares, as the Board of Directors shall from time to time determine, in its Sole
Discretion. If any Participant's interest in Shares granted under

                                       -5-

<PAGE>

the Plan terminates, any Shares in which the Participant has no further interest
shall again become available to be granted under the Plan.

     Section 5.02. Interest in Restricted Shares. A Participant granted
Restricted Shares by the Company under the Plan shall have no interest in those
Restricted Shares upon grant and shall acquire an interest in those Restricted
Shares only as provided in this Section 5.02.

     Upon a Liquidity Event, the interest in Shares acquired by a Participant at
such time shall, subject to Section 5.02.D., be determined in accordance with
the following formula:

          X = (A x B x C x D) - E

          Solve for X where:

          A = The percentage determined under Paragraph A below

          B = The percentage determined under Paragraph B below

          C = The percentage determined under Paragraph C below

          D = Total number of Restricted Shares granted to a Participant under
              this Plan

          E = Total number of Restricted Shares, if any, for which a Participant
              has acquired an interest under the Plan

     A.   Return on Invested Capital at Liquidity. The percentage determined
          under this Paragraph A. upon a Liquidity Event shall be the applicable
          percentage that corresponds to the Return on Invested Capital realized
          by Onex upon such Liquidity Event, determined in accordance with the
          following table.

<TABLE>
<CAPTION>
             Return on               Applicable
         Invested Capital            Percentage
         ----------------            ----------
<S>                                  <C>
            0% or less                   0.00%
More than 0% but not more than 10%      25.00%
                11%                     28.13%
                12%                     31.25%
                13%                     34.38%
                14%                     37.50%
                15%                     40.63%
                16%                     43.75%
                17%                     46.88%
                18%                     75.00%
                19%                     78.13%
                20%                     81.25%
                21%                     84.38%
                22%                     87.50%
                23%                     90.63%
                24%                     93.75%
                25%                     96.88%
</TABLE>

                                       -6-

<PAGE>

<TABLE>
<S>                                  <C>
            26% or more                100.00%
</TABLE>

          For purposes of the foregoing, if the Return on Invested Capital is
          greater than 10% but less than 26% and is not a whole percentage, the
          applicable percentage shall be interpolated to take into account the
          partial percentage of Return on Invested Capital; provided, however,
          that for purposes of interpolating the applicable percentage that
          corresponds to a Return on Invested Capital of greater than 17% but
          less than 18%, the applicable percentage corresponding to a Return on
          Capital of 18% shall be deemed to be 50.00%. For example, if the
          Return on Invested Capital is 17.5%, the applicable percentage is
          48.44% (46.88% plus one-half the difference between 46.88% and
          50.00%). All percentages shall be rounded to the nearest one-hundredth
          of a percent.

          Notwithstanding the foregoing, the Committee may, in its Sole
          Discretion, increase the percentage determined under this Paragraph A.
          with respect to a Participant, if the Committee determines it is in
          the best interests of the Company to do so.

     B.   Portion of Interest Liquidated. The percentage determined under this
          Paragraph B. upon a Liquidity Event shall be the total percentage of
          Onex's total equity investment in the Company that has been
          liquidated, taking into account the current Liquidity Event and all
          prior Liquidity Events (if any).

          Notwithstanding the foregoing, the Committee may, in its Sole
          Discretion, increase the percentage determined under this Paragraph B.
          with respect to a Participant, if the Committee determines it is in
          the best interests of the Company to do so.

     C.   Period of Service. The percentage determined under this Paragraph C.
          upon a Liquidity Event shall be as follows:

          1.   For each Participant actively performing services for the
               Employer on the date of the Liquidity Event, 100%; and

          2.   For each Participant not actively performing services for the
               Employer of the date of the Liquidity Event, the applicable
               percentage corresponding to the number of years of service after
               the Grant Date (as defined below) with which the Participant has
               been credited under the Plan, determined by the Committee in its
               Sole Discretion in accordance with the following table.

<TABLE>
<CAPTION>
      Years         Applicable
   of Service       Percentage
   ----------       ----------
<S>                 <C>
   Less than 1          0.00%
1 but less than 2      20.00%
</TABLE>

                                       -7-

<PAGE>
<TABLE>
<S>                  <C>
2 but less than 3      40.00%
3 but less than 4      60.00%
4 but less than 5      80.00%
    5 or more         100.00%
</TABLE>

               A Participant shall be credited with one year of service after
               the Closing Date for each 12-month period ending on an
               anniversary of the date Restricted Shares was granted to the
               Participant (the "Grant Date," except that if the date of grant
               is within 60 days of the Closing Date, the Grant Date shall be
               deemed to be the Closing Date) during which the Participant had
               continuously performed services for the Employer.

          Notwithstanding the foregoing, the Committee may, in its Sole
          Discretion, credit a Participant with additional years of service
          after the applicable Grant Date or otherwise increase the percentage
          determined under this Paragraph C., if the Committee, in its Sole
          Discretion, determines it is in the best interests of the Company to
          do so.

     D.   Operating Rules. The following rules also shall apply.

          1.   Future Liquidity Events. Following the occurrence of a Liquidity
               Event, the provisions of this Section 5.02 may again be applied
               to such Participant upon a later Liquidity Event to determine
               whether the Participant may acquire an interest in any remaining
               Restricted Shares granted to the Participant under the Plan.

          2.   Change in Control. In the event of a Change in Control in which
               Onex retains a portion of its equity interest in the Company, if
               a Participant actively performing services for the Employer on
               the date of the Change in Control has been credited with fewer
               than 5 years of service after the applicable Grant Date at such
               time, the following rules shall apply for purposes of determining
               the value of "C" in the formula in Section 5.02 above for any
               future Liquidity Event (or deemed Liquidity Event).

               a.   For any Participant that either (i) is not offered continued
                    employment with the Employer (or its successor) in a
                    position having a title, duties, compensation, and
                    geographic location that are, in all material respects,
                    comparable to, or more favorable than, the position held by
                    the Participant with the Employer at the time of the Change
                    in Control (a "Comparable Position"), or (ii) continues to
                    perform services for the Employer (or its successor) after
                    the Change in Control but, within twelve months following
                    the Change in Control, (a) is involuntarily terminated
                    (other than a Termination For Cause) or (b) is assigned to a
                    position that is

                                       -8-

<PAGE>

                    not a Comparable Position, the value of "C" in the formula
                    in Section 5.02 shall be 100%.

               b.   For any Participant that is offered a Comparable Position
                    with the Employer (or its successor) following the Change in
                    Control and declines to accept such offer and does not
                    continue performing services for the Employer (or its
                    successor), the value of "C" in the formula in Section 5.02
                    shall be the applicable percentage corresponding to the
                    number of years service after the applicable Grant Date with
                    which the Participant was credited at the time of the Change
                    in Control, determined under the following table.

<TABLE>
<CAPTION>
      Years         Applicable
   of Service       Percentage
   ----------       ----------
<S>                 <C>
   Less than 1         50.00%
1 but less than 2      60.00%
2 but less than 3      70.00%
3 but less than 4      80.00%
4 but less than 5      90.00%
    5 or more         100.00%
</TABLE>

               c.   For any Participant who is offered a Comparable Position
                    with the Employer (or its successor) following the Change in
                    Control, accepts such position, and is not involuntarily
                    terminated (other than a Termination For Cause) or assigned
                    to a position that is not a Comparable Position within
                    twelve months following the Change in Control, the value of
                    "C" in the formula in Section 5.02 shall continue to be
                    determined under Paragraph C. above.

          3.   Ten-Year Limit. On the 10th anniversary of the Closing Date, if a
               Liquidity Event that is a Change in Control has not occurred, the
               provisions of this Section 5.02 shall be applied as if a
               Liquidity Event occurred on such date, and a final determination
               shall be made at that time whether or to what extent the
               Participant will acquire an interest in any remaining Shares
               granted to the Participant under the Plan. For purposes of
               applying the provisions of this Section 5.02 in such event, (i)
               the percentage determined under Paragraph B. above shall be
               deemed to be 100%, and (ii) the "Return on Invested Capital"
               shall be calculated using the Market Value of Onex's Shares as of
               the 10th anniversary of the Closing Date as one of the amounts
               included under clause (1) of Section 2.16 and such 10th
               anniversary as the applicable date.

                                       -9-

<PAGE>

          4.   Termination of Interest in Restricted Shares.

               a.   Separation from Service. Except as provided in this Section
                    5.02, in the event a Participant incurs a Separation from
                    Service, the Participant will no longer be credited with any
                    additional years of service after the applicable Grant Date.
                    To the extent such Participant would acquire an interest in
                    additional Restricted Shares under the Plan only upon
                    crediting of additional years of service after the
                    applicable Grant Date, such interest shall terminate upon
                    such Separation from Service and such additional Restricted
                    Shares shall be forfeited to the Company without any payment
                    therefor.

                    Notwithstanding any other provision of the Plan, if a
                    Participant incurs a Separation from Service that is a
                    Termination For Cause, the Participant shall not acquire any
                    additional interest in Restricted Shares granted to the
                    Participant under the Plan in connection with any subsequent
                    Liquidity Event, and such Restricted Shares shall be
                    forfeited to the Company without any payment therefor.

               b.   Final Determination of Interests. Upon disposition by Onex
                    of all of its equity interest or remaining equity interest
                    in the Company or upon the occurrence of a deemed Liquidity
                    Event in accordance with Section 5.02.D.3. above, any
                    Participant's interest in Restricted Shares that the
                    Participant does not acquire at such time shall terminate
                    and shall be forfeited to the Company without any payment
                    therefor.

     E.   Example. The provisions of this Section 5.02 may be illustrated in
          part by the following example.

          A Participant has been granted 100 Restricted Shares under the Plan.
          Common stock of Mid-Western Aircraft Systems Holdings, Inc. held by
          Onex representing 20% of Onex's equity investment is sold in a private
          sale. The Participant is actively performing services for the Employer
          on the date of the sale. Return on Invested Capital is calculated as
          of the date of the sale and is determined to be 18%. The percentage
          determined under Paragraph A. above is 75%, because that is the
          applicable percentage corresponding to the Return on Invested Capital.
          The percentage determined under Paragraph B. above is 20%, because
          that is the portion of Onex's equity investment in the Company that
          has been liquidated. The percentage determined under Paragraph C.
          above is 100%, because the Participant is actively performing services
          for the Employer on the date of the sale. Accordingly, the Participant
          acquires an interest in 15 of the 100 Restricted Shares ([.75 x .20 x
          1.00 x 100] - 0 = 15).

                                      -10-

<PAGE>

          One year later, another Liquidity Event occurs, and Onex disposes of
          an additional 40% of its equity interest in the Company (for a total
          of 60%). At the time of the Liquidity Event, the Participant is
          actively performing services for the Employer and has been credited
          with 5 years of service after the Closing Date. Return on Invested
          Capital is calculated as of the date of the Liquidity Event and is
          determined to be 22%. The percentage determined under Paragraph A.
          above is 87.50%, because that is the applicable percentage
          corresponding to the Return on Invested Capital. The percentage
          determined under Paragraph B. above is 60%, because that is the total
          amount of Onex's total equity investment in the Company that has been
          liquidated in all Liquidity Events (including the current Liquidity
          Event). The percentage determined under Paragraph C. above is 100%,
          because the Participant is actively performing services for the
          Employer on the date of the Liquidity Event. Accordingly, the
          Participant acquires an interest in 37.5 of the remaining 85
          Restricted Shares ([.875 x .60 x 1.0 x 100] - 15 = 37.5).

          Whether and to what extent the Participant will acquire an interest in
          the 47.5 Restricted Shares the Participant continues to hold will be
          determined at the time of any future Liquidity Event (or deemed
          Liquidity Event).

     Section 5.03. Dividends. Dividends declared by the Board of Directors with
respect to Shares shall, with respect to any Restricted Shares, be cumulated and
paid to the Participant only at the time, and to the extent that, the
Participant acquires an interest in any such Restricted Shares in accordance
with this Article V.

     Section 5.04. No Rights of Stockholder. Restricted Shares shall not be
subject to transfer or assignment, and a Participant shall not have the rights
of a stockholder in the Company with respect to any Restricted Shares unless and
until the Participant acquires an interest in such Restricted Shares in
accordance with this Article V.

                    ARTICLE VI -- CONDITIONS AND RESTRICTIONS

     Section 6.01. General Conditions and Restrictions. The Committee shall have
the unrestricted right and power, in its Sole Discretion, to determine the
number of Shares to be offered or granted to a Participant under the Plan and to
establish such other terms, conditions, restrictions, or procedures related to
an offer or grant of Shares as the Committee deems necessary or appropriate,
including, but not limited to, requiring, as a condition precedent to the sale
and purchase of Shares under the Plan, that a Participant execute the Investor
Stockholders Agreement, dated as of June 16, 2005, between the Company and its
shareholders (the "Stockholders Agreement"), and such other agreements with the
Company and/or other shareholders in the Company as the Committee deems
necessary or appropriate, in such form and substance as may be satisfactory to
the Committee. Shares of stock in the Company acquired under the Plan shall be
subject to any and all terms, conditions, and restrictions set forth in the
Company's certificate of incorporation and bylaws, as well as the Stockholders
Agreement and any other agreement entered into with respect to such Shares.

                                      -11-

<PAGE>

     Section 6.02. Restriction on Transfer of Shares. Shares acquired under this
Plan shall be subject to such conditions and restrictions on transfer as are set
forth in the Company's certificate of incorporation and bylaws, as well as the
Stockholders Agreement and any other agreement entered into with respect to such
Shares.

     Section 6.03. Legends. All certificates representing Shares (including
Restricted Shares) issued under this Plan shall bear (until, in the opinion of
counsel, which opinion must be reasonably satisfactory in form and substance to
counsel for the Company, it is no longer necessary or required) the following
legends:

          The securities represented by this document have not been registered
          under the Securities Act of 1933, as amended (the "Act"), and may not
          be sold, transferred, offered for sale, pledged, or hypothecated in
          the absence of an effective registration statement as to the
          securities under the Act or an opinion of counsel satisfactory to
          Mid-Western Aircraft Systems Holdings, Inc. and its counsel that such
          registration is not required.

          The securities represented by this document are subject to the terms
          and conditions, including restrictions on transfer, of a Stockholders
          Agreement among Mid-Western Aircraft Systems Holdings, Inc. and its
          stockholders, as amended from time to time, a copy of which is on file
          at the principal office of Mid-Western Aircraft Systems Holdings, Inc.

In addition, certificates representing Restricted Shares shall bear (until, in
the opinion of counsel, which opinion must be reasonably satisfactory in form
and substance to counsel for the Company, it is no longer necessary or required)
the following legend:

          The securities represented by this document are subject to the terms,
          conditions, restrictions, and contingencies, including restrictions on
          transfer and risk of forfeiture, contained in the Mid-Western Aircraft
          Systems Holdings, Inc. Executive Incentive Plan, as amended from time
          to time, a copy of which is on file at the principal office of
          Mid-Western Aircraft Systems Holdings, Inc.

                          ARTICLE VII -- ADMINISTRATION

     Section 7.01. Committee. The Committee shall have full power to administer
this Plan in all of its details, which powers shall include, but are not limited
to, the authority, in addition to all other powers provided by this Plan, to:

                                      -12-

<PAGE>

     A.   Determine in its Sole Discretion the eligibility of any individual to
          participate in the Plan;

     B.   Make discretionary interpretations regarding the terms of the Plan and
          make factual findings with respect to any issue arising under the
          Plan, including, but not limited to, the power to determine whether an
          individual is eligible to participate in the Plan or receive benefits
          under the Plan and whether an individual has incurred a Separation
          from Service, with its interpretation to be final and conclusive;

     C.   Make and enforce such rules and regulations as it deems necessary or
          proper for the efficient administration of this Plan;

     D.   Appoint such agents, specialists, legal counsel, accountants,
          consultants, or other persons as the Committee deems advisable to
          assist in administering the Plan; and

     E.   Maintain all records of the Plan.

     Section 7.02. Reliance on Certificates, etc. The members of the Committee,
the Board of Directors, and the officers and employees of the Company shall be
entitled to rely on all certificates and reports made by any duly appointed
accountants and on all opinions given by any duly appointed legal counsel. Such
legal counsel may be counsel for the Employer.

                    ARTICLE VIII -- AMENDMENT AND TERMINATION

     Section 8.01. Amendment and Termination. The Board of Directors may, at any
time, suspend or terminate the Plan and shall have the right to alter or amend
the Plan or any part thereof at any time and from time to time as it may, in its
Sole Discretion, deem proper and in the best interests of the Company; provided,
however, that no such termination, suspension, alteration, or amendment shall,
without the consent of the Participant, deprive a Participant of any interest in
Shares previously acquired by the Participant under this Plan, subject to the
terms and conditions of the Company's certificate of incorporation and bylaws,
the Stockholders Agreement, and any other agreement entered into with respect to
such Shares. Any termination, suspension, alteration, or amendment of the Plan
may be made by the Board of Directors without action on the part of the
stockholders of the Company. Upon termination of the Plan, the rights of each
Participant in any Shares the Participant is not entitled to receive shall
terminate.

                           ARTICLE IX -- MISCELLANEOUS

     Section 9.01. Effective Date. The Plan shall be effective from and after
the date of its adoption and approval by the Board of Directors and the
stockholders of the Company, and Shares may be purchased immediately after such
adoption.

                                      -13-

<PAGE>

     Section 9.02. Payments Net of Withholding. Notwithstanding any other
provision of the Plan, all transfers or payments shall be net of any amount
sufficient to satisfy all federal, state, and local withholding tax
requirements, and shall also be net of all amounts owed by Participant to the
Employer.

     Section 9.03. Binding on Successors. This Plan shall be binding upon all
Participants, their respective heirs, and personal representatives, and upon the
Employer, its successors, and assigns.

     Section 9.04. State Law. This Plan and all agreements entered into under
the Plan shall be governed, construed, administered, and regulated in all
respects under the laws of the State of Delaware, without regard to the
principles of conflicts of law, to the extent such laws are not preempted by the
laws of the United States of America. Any action concerning the Plan or any
agreement entered into under the Plan shall be maintained exclusively in the
state or federal courts in Delaware.

     Section 9.05. Headings. The headings used in this Plan are inserted for
reference purposes only and shall not be deemed to limit or affect in any way
the meaning or interpretation of any of the terms or provisions herein.

     Section 9.06. Notices. Any notices or communications permitted or required
to be given herein by any Participant, the Company, the Committee, the Employer,
or any other person shall be deemed given either (i) when delivered, or (ii)
three days after being placed in the United States mail in an envelope addressed
to the last communicated address of the person to whom the notice is being
given, with adequate postage thereon prepaid.

     Section 9.07 Severability. If any provision of this Plan shall be held
invalid or unenforceable, such invalidity or unenforceability shall not affect
any other provisions thereof, and the Plan shall be construed and enforced as if
such provisions had not been included.

     Section 9.08. No Contract of Employment. Nothing contained herein shall be
construed to constitute a contract of employment between any employee and any
employer. Nothing herein contained shall be deemed to give any employee the
right to be retained in the employ of an employer or to interfere with the right
of the employer to discharge any employee at any time without regard to the
effect such discharge might have on the employee as a Participant under this
Plan.

     Section 9.09. Government and Other Regulations. The obligation of the
Company to sell and deliver Shares under the Plan shall be subject to all
applicable laws, rules, and regulations and such approvals by any governmental
agencies as may be required, including, but not limited to, the effectiveness of
a registration statement under the Securities Act of 1933, as amended, as deemed
necessary or appropriate by legal counsel for the Company.

                                      -14-

<PAGE>

     Section 9.10. Nonexclusivity of the Plan. The adoption of the Plan by the
Board of Directors shall not be construed as creating any limitations on the
power of the Board of Directors to adopt such other incentive arrangements as it
may deem desirable.

     IN WITNESS WHEREOF, the Company has caused this Plan to be executed by a
duly authorized officer as of the date first set forth above.

                                        MID-WESTERN AIRCRAFT SYSTEMS
                                        HOLDINGS, INC.

                                        By: /s/ Nigel Wright
                                            ------------------------------------
                                        Its: Vice President

                                      -15-

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