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Contract win

5th Mar 2012 07:00

RNS Number : 6299Y
Meggitt PLC
05 March 2012
 



For Immediate Release

5 March 2012

 

Meggitt PLC ("Meggitt")

 

Contract win

 

Meggitt wins $1 billion thermal management package from Hamilton Sundstrand

Meggitt, a leading international company specialising in high performance components and sub‑systems for aerospace, defence and energy, has won a contract to provide components for seven Hamilton Sundstrand thermal management packages on Pratt & Whitney PurePower®geared turbofan™ (GTF) engines.

The engine family will power aircraft such as the new Bombardier C-Series regional jet, Mitsubishi Regional Jet and Airbus A320neo aircraft.

The packages, from Meggitt's control systems division, comprises valves, coolant pumps, oil coolers and heat exchangers estimated to be worth around $1 billion over the lifetime of the engine and aircraft programmes.

Terry Twigger, CEO of Meggitt commented: "These contract wins are on highly innovative engines for equally innovative aircraft, attracting multiple orders. We look forward to working with Hamilton Sundstrand and Pratt & Whitney on these programmes which could last up to 40 years."

Meggitt was awarded these contracts by Hamilton Sundstrand, which provides the thermal management sub-systems for Pratt & Whitney's PurePower® engine suite.

ENDS

 

For further information contact:

 

Meggitt PLC

Richard Cashin, Investor Relations

 

Tel: 01202 597597 

Fiona Greig, Corporate Communications

 

Buchanan

Charles Ryland, Jeremy Garcia or Helen Chan

 

Tel: 020 7466 5000

 

Editors' notes:

About Meggitt PLC

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 isa world leader in aerospace, defence and energy, employing over 10,000 people at more than 40 manufacturing facilities and regional offices worldwide. 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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