27th Jun 2014 07:08
LONDON (Alliance News) - Ultra Electronics Holdings PLC Friday said it has won a contract worth more than GBP60 million from commercial aircraft maker Airbus to design and build an electrical ground door opening system for the new Airbus A350 family of aircraft.
It said it expects the contract to be worth more than GBP60 million in revenue to Ultra Electronics based on expected sales of the aircraft.
The door system comprises a set of electrical actuators, sensors and fuselage-mounted control and indication panels which allows airline ground maintenance crews to open the landing gear doors to access the landing gear bay.
Ultra Electronics also supplies ground handling accessories for the Airbus A350 XWB and A380 aircraft.
Ultra Electronics shares were down 0.4% at 1,839 pence early Friday.
By Steve McGrath; [email protected]; @SteveMcGrath1
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
ULE.L