Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Meggitt Selected To Supply Oil Sensing Package For Bell 525 Relentless Helicopter

23rd Sep 2014 06:41

LONDON (Alliance News) - Meggitt PLC said Tuesday that it has been selected by Bell Helicopter, a Textron Inc company, to provide an oil sensing package for the new 525 Relentless commercial super-medium helicopter in a deal expected to generate USD30 million in gross sales over the production life of the helicopter.

The FTSE 100-listed company, which specialises in high performance components and sub-systems for the aerospace, defence and energy markets, said that its Meggitt Sensing Systems division has been selected to provide gearbox oil level monitoring and chip detection systems for the new 525 Relentless commercial super-medium helicopter.

Meggitt estimates that the agreements will generate gross sales of more than USD30 million over the production life of this helicopter, including original equipment, spares and repairs.

The contract win is significant in that use of the automated lubrication monitoring package marks the first application of Meggitt's advanced fluid gauging system to monitor aircraft gearbox oil levels.

The company's patented level detection technology, developed and proven in fuel level gauging applications, has been re-engineered for oil level gauging, said Meggitt.

"Compared with traditional pre-flight sight-glass (manual) checks of oil level, the new technology will save aircraft operators time and reduce the potential for human error," said Meggitt in a statement. "Trending oil level data over the life of the aircraft and monitoring oil for unwanted debris with the Auto-Fault chip detection system will provide operators with information about the health of the aircraft, enabling higher utilisation and availability."

By Alice Attwood; [email protected]; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


Related Shares:

MGGT.L
FTSE 100 Latest
Value8,809.74
Change53.53