9th May 2007 07:01
Meggitt PLC09 May 2007 For Immediate Release 9 May 2007 Meggitt PLC $30m Contract Win with Rolls-Royce Meggitt PLC ("Meggitt" or "the Group"), the international aerospace, and defencegroup, is pleased to announce that its wholly-owned subsidiary Vibro-Meter UKhas signed an exclusive contract with Rolls-Royce to integrate the completesensors and ignition package for a new member of the BR700 engine family. The contract will cover the life of the engine programme and should generaterevenues of over $30 million for Vibro-Meter from the sale of new engines.Vibro-Meter will also provide aftermarket services through the life of theprogramme, direct to future aircraft operators and to Rolls-Royce under itsCorporate Care model. The package comprises an engine set of around 35 parts covering sensors for air,oil and fuel temperature, shaft speed, oil and fuel pressure, fuel flow and oildebris monitoring and the engine's ignition system. The package includes sensorsdeveloped in-house atVibro-Meter UK. The ignition system is being developed by a Meggitt sistercompany,Vibro-Meter France and several key technologies will be provided by Vibro-MeterUK's selected sub-tier partners. Part of the package will be produced byMeggitt's sensors and controls facility in Xiamen, China. Terry Twigger, Meggitt PLC's Chief Executive said: "We are delighted to becontinuing our long-standing relationship with Rolls-Royce. Today's announcementrepresents an important milestone in the development and execution of thegroup's sensors and ignition strategy, confirming Meggitt and Vibro-Meter UK asa tier one integrator of sensor and ignition packages to Rolls-Royce." ENDS For further information please contact: MeggittTerry Twigger, Chief Executive 01202 597597Stephen Young, Group Finance DirectorBuchanan Communications 020 7466 5000Charles RylandJeremy Garcia www.meggitt.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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