12th May 2009 07:00
|
For Immediate Release |
12 May 2009 |
Meggitt Plc
Meggitt wins major Bombardier contract worth circa £150m
Meggitt PLC, a leading international company specialising in aerospace equipment, sensing and defence systems, today announces that Meggitt Aircraft Braking Systems has won a £150 million contract for its new longer life "NuCarb®" carbon brakes from Bombardier, the leading manufacturer of a large range of regional and business aircraft.
Meggitt's NuCarb®" carbon brakes will be installed on Bombardier's new 100 seat commercial aircraft, the CRJ1000 NextGen* aircraft which was launched in 2007 and is scheduled to enter service in Bombardier's fiscal year 2010.
The contract is estimated to be worth more than £150 million over the lifetime of the aircraft from repairs and replacements. This win maintains Meggitt's leading position in wheels and brakes for regional aircraft with 70 seats or more.
The CRJ1000 NextGen aircraft has the lowest carbon dioxide emissions of its class generating a 35% improvement on old generation 100-seaters and is designed to have a 7 to 15% operating cost advantage over competing jets. While Meggitt's advanced carbon technology lasts longer than conventional friction materials, the reduced weight of Meggitt's NuCarb® also contributes to the aircraft's improved economics.
The CRJ1000 NextGen jet uses Meggitt's brake control technology common to, and proven, on its CRJ700 NextGen* and CRJ900 NextGen forebears. The electronic control unit, whose performance has been already proven on nearly 500 aircraft, has been upgraded to accommodate the multiple software variations used across the CRJ700/900/1000 NextGen family, reducing maintenance and logistics costs across the fleet.
ENDS
For further information, please contactMeggitt PLC Andy Mann, Investor Relations
Tel: 01202 597597Buchanan Communications Charles Ryland/Jeremy Garcia
Tel: 020 7466 5000About Meggitt Headquartered in the United Kingdom, Meggitt PLC is an international group operating in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in civil and military aerospace equipment, sensing systems, combat support and defence systems training.
About Meggitt Aircraft Braking Systems
Meggitt Aircraft Braking Systems, part of the Meggitt group, was created following the Meggitt group's acquisition of Aircraft Braking Systems Corporation in June 2007, which merged with existing Meggitt wheels and brakes business Dunlop Aerospace Braking Systems. It is one of the world's leading manufacturers of braking systems for commercial, business aviation and military aircraft and manufactures a wide range of braking equipment including anti-skid, auto-brake and brake-by-wire systems, as well as wheels, carbon and steel brakes, plus ancillary equipment. Its products are installed on over 30,000 aircraft worldwide, more than those of any other supplier.
Under certain operating conditions
* CRJ1000 , CRJ900 , CRJ700 and NextGen are trademarks of Bombardier Inc or its subsidiaries.
www.meggitt.com
Related Shares:
MGGT.L