2nd Jun 2016 13:26
LONDON (Alliance News) - Defence and aerospace company Cobham PLC on Thursday said it has won a contract with airplane maker Airbus NV to supply its radio and audio integrated management system for A320neo planes.
Cobham said the contract will be worth "several hundred million dollars over the period", but did not specify the length of the contract, nor other financial details.
The systems are already fitted in Airbus A380 and A350 XWB planes.
Shares in Cobham were down 0.9% to 136.37 pence Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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