Contract Award

2 February 2018

Meggitt PLC

Contract Award

Meggitt PLC ("Meggitt" or "the Group"), a leading international engineering company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, announces that it has received a $26 million contract to provide Thermal Management Systems to General Dynamics Land Systems ('GDLS') for the M1 Abrams main battle tank. This contract supports the recent award from the US Government to GDLS for the upgrade of 786 M1 Abrams for the US Army and Foreign Military Sales (FMS) contracts.

Meggitt has produced over 2,400 Thermal Management Systems (TMS) for the M1 Abrams, an important platform for the US Army and a number of FMS programmes.

Enquiries

Meggitt PLC +44 (0)1202 597 597

Adrian Bunn, Vice President Strategy and Investor Relations

FTI Consulting +44 (0)20 3727 1000

Deborah Scott, Senior Managing Director

Nick Hasell, Managing Director

Cautionary statement

This trading update, including information included or incorporated by reference in this trading update, may contain forward-looking statements concerning Meggitt PLC or its group. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. Such forward-looking statements involve risks, uncertainties and other important factors which could cause the actual results, performance or achievements of the Meggitt group or the market and economies in which the Meggitt group operates to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the ability of Meggitt PLC or its directors to control or estimate precisely, such as future market conditions and the behaviours of other market participants, and therefore undue reliance should not be placed on such statements, which speak only as at the date of this trading update. Neither Meggitt PLC, nor any of its group undertakings, nor the directors of any of them, assumes any obligations to, and do not intend to, update these forward-looking statements, except as required pursuant to applicable law.