15th Aug 2005 07:00
Cobham PLC15 August 2005 15 August 2005 COBHAM UPDATE: CONTRACT AWARDS Drager Aerospace Wins B787 Dreamliner Contract Cobham plc announces that Drager Aerospace of Lubeck, Germany, part ofCobham's Aerospace Systems Group (ASG), has been awarded a long term contract bythe Boeing Commercial Airplane Company to provide Passenger Service Units (PSUs)for the new Boeing 787 Dreamliner. The PSUs will house service systems forpassengers on the Dreamliner, including emergency oxygen, personal lighting,ventilation and signs. Boeing expects to begin rate production of the aircraftin 2009 and the value of the contract is expected to reach US$200m. Drager Aerospace is a Boeing Gold Supplier as well as being the incumbentBoeing 2004 Supplier of the Year in the Cabin Interiors category. Andy Stevens, President of Cobham's Aerospace Systems Group (ASG), commented,''The PSU programme represents a step up in integration for Drager Aerospace.The award validates the strategy of leveraging ASG's capabilities andrelationships with key customers such as Boeing to increase platform content onmajor projects.'' FR Aviation Services in the Winning Team for E-3D Sentry AWACS Support In August 2004 Cobham announced preferred bidder status for FR AviationServices, part of Cobham's Flight Operations & Services Group, as a member of ateam to provide logistics support at RAF Waddington for the E-3D Sentry WholeLife Support Programme. The team is led by Northrop Grumman and also includesBAE Systems and the AAR Corporation. Cobham is now under contract for theprogramme. The business has an anticipated value to FR Aviation Services of £50mover 20 years from this contract for maintenance and potential spares supplycontracts with our partners in the winning consortium. FR Aviation Services and BAE Systems signed a Partnering Agreement in July 2004to work together in support of maintenance opportunities for large militaryaircraft. The E-3D Sentry programme, together with the team's support of theNimrod fleet at RAF Kinloss, will provide further opportunities to build on FRAviation Services' experience as the preferred maintenance provider to BAESystems. Alex Hannam, Group Managing Director of Flight Operations & Services, said,''The Sentry support contract highlights the success of our working relationshipwith Northrop Grumman and our partnering agreement with BAE Systems. It is afirst time contract win and accordingly represents good organic growth." NOTES TO EDITOR Cobham plc - Cobham designs and manufactures equipment, specialised systems andcomponents supplied to the aerospace, defence, homeland security, search andrescue and communications markets and operates, modifies and maintains aircraftfor military training, special mission flight operations and outsourced freightand passenger services. Aerospace Systems Group - principle activities are the design, manufacture, saleand support of fluid and air distribution components and systems,countermeasures, air refuelling equipment, aviation auxiliary mission equipmentand life support equipment for the aerospace and defence markets. Cobham's Flight Operations & Services Group operates 150 aircraft worldwide inthe aerospace and defence markets, specialising in military training, specialmission flight operations, large military aircraft maintenance, freight andpassenger services. It provides aircraft maintenance support at five UK militarybases: RAF Waddington, RAF Shawbury, RAF Kinloss, RAF Valley, and Army Air CorpMiddle Wallop. Drager Aerospace is part of the Aerospace Systems Group and a supplier ofoxygen and personal comfort delivery systems to the commercial and militaryaircraft industry. FR Aviation Services as part of the Flight Operations & Services Group carriesout aircraft maintenance, component overhaul and repair, design services,engineering support and technical services, modifications, role conversion andupgrades. B787 Dreamliner - The Boeing 787-8 and 787-9 Dreamliner airplanes will carry223-259 passengers in tri-class configurations on routes of 15,700 and 15,400kilometres respectively. A third 787 family member, the 787-3 Dreamliner, willaccommodate nearly 296 passengers in a two-class configuration and be optimizedfor routes of 3,500 nautical miles (6,500 km). The E3D Sentry is the UK's principal airborne warning and control aircraft(AWACS) and provides vital strategic support to the UK armed forces inoperations around the world. The RAF operates seven of the Boeing 707-basedaircraft at RAF Waddington, Lincolnshire, and the contract supports the aircraftthrough to the out of service date in 2026. ENQUIRIES Cobham plcAllan E Cook Telephone +44 (0) 1202 882 020Chief Executive or +44 (0) 7802 353 874 Warren Tucker Telephone +44 (0) 1202 882 020Group Financial Director or +44 (0) 7802 353 874 Weber Shandwick Square MileKirsty Raper, Director Telephone +44 (0) 207 067 0722 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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