Senior PLC Senior plc announces Airbus multi-year contract
25 January 2018 - 6:00PM
RNS Non-Regulatory
TIDMSNR
Senior PLC
25 January 2018
Senior plc announces multi-year contract with Airbus
Senior plc ("Senior"), an international manufacturer of high
technology components and systems, announced today that its
Aerospace Division has won a new contract with Airbus as a Detail
Part Partner. The contract, which will be worth approximately $40M,
will commence in 2018 and is expected to be in full production by
2019. The scope of the contract is to provide medium-to-complex
machine details and sub-assemblies to Airbus and its partner
company STELIA Aerospace, on multiple programmes including A320,
A330 and ATR. The work will be performed at Senior's world-class
cost-competitive South East Asian facilities in Malaysia and
Thailand.
Commenting on the award, Joe Mockus, Divisional CEO of Senior
Aerospace Structures, said: "We are delighted to be awarded this
important contract and excited to grow our relationship with Airbus
as a direct supplier on several key programs. The investments we
have made in our Senior Aerospace UPECA business in Malaysia and in
Senior Aerospace Thailand enable us to be highly competitive and
brings real value to our customers. This is also a great example of
how collaboration between Senior's business units can provide
excellent solutions for our customers".
About Senior Aerospace Upeca and Senior Aerospace Thailand
Both Senior Aerospace UPECA and Senior Aerospace Thailand
manufacture and assemble build-to-print structural components for
the civil aerospace industry. Core competencies include
medium-to-complex multi-axis machining, structural assemblies and
full NADCAP approved NDT and treatment capabilities that are
located on site at both facilities. Further information on Senior
Aerospace UPECA may be found at:
www.seniorplc.com/about-us/our-portfolio-of-businesses/aerospace/upeca.aspx
and on Senior Aerospace Thailand may be found at:
http://www.seniorplc.com/about-us/our-portfolio-of-businesses/aerospace/thailand.aspx
About Senior
Senior is an international manufacturing group with operations
in 14 countries. It is listed on the main market of the London
Stock Exchange (symbol SNR). Senior designs, manufactures and
markets high technology components and systems for the principal
original equipment producers in the worldwide aerospace, defence,
land vehicle and energy markets. Further information on Senior plc
may be found at: www.seniorplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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