21st Oct 2014 06:23
LONDON (Alliance News) - Aerospace components supplier Meggitt PLC Tuesday said it had won a multi-million dollar deal to supply an advanced wheel and braking system for Gulfstream Aerospace's new G500 and G600 business jets.
It didn't give an exact figure for the size of the contract.
"This is one of Meggitt's largest ever braking systems contracts in the business aviation marketplace, promising a strong revenue stream in spares and repairs over the life of the programme," Chief Executive Stephen Young said in a statement.
Meggitt said it is developing advanced wheels and compact carbon brakes with carbon composite heatsink material and anti-oxidant coating, optimised for weight, envelope and reliability, for the Gulfstream planes.
By Steve McGrath; [email protected]; @stevemcgrath1
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