29th Jul 2005 07:00
Turbo Genset Inc.29 July 2005 Friday 29th July 2005 Turbo Genset wins $20 million Boeing Dreamliner contract through Cobham FR-Hitemp, a strategic business unit within the Aerospace Systems Group ofCobham Plc, has selected Turbo Genset to supply the motor drive systems fortheir onboard fuel pumps on the Boeing 787 "Dreamliner". The 787 "Dreamliner" is a family of mid-sized airplanes, which will provideexceptional fuel efficiency and passenger comfort. The aeroplane is planned toenter service in 2008, and has already generated a large number of confirmedorders from airlines around the globe. The pumps fuel and de-fuel the airplane,transfer fuel from the fuel tanks to the main engine, and jettison fuel whennecessary. The contract from FR-Hitemp, which includes development, production andaftermarket sales, is expected to be worth in the region of $20 million in totalover a period of several years, depending on the final fleet size. Michael Hunt, Chief Executive of Turbo Genset commented that "being asked towork on an international aerospace programme of this importance represents astrong endorsement of the power electronics skills at Gateshead supported by theelectrical machines expertise at Heathrow. This contract win represents asignificant step in the development of our electrical machines revenue stream." -ENDS- For further information, please contact: Turbo Genset IncStephen Sadler, Chief Financial Officer +44 (208) 564 4460 Gavin Anderson & Company (PR) +44 (207) 554 1400Ken Cronin This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TPS.LCobham