20th Aug 2015 07:00
FOR IMMEDIATE RELEASE 20 August 2015
Meggitt PLC
Contract Win
Meggitt wins multi-million dollar sole-source F/A 18 Hornet fuel cell contract
Meggitt PLC ("Meggitt" or "the Group"), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, has won a sole-source contract from the Defense Logistics Agency (DLA), Philadelphia, USA, to replace fuel cells in the legacy Hornet (F/A-18 C/D models) worth up to $39.8 million.
The three-year production contract, which ends in late 2018, sees first deliveries from Meggitt's polymers and composites facility in Rockmart, Georgia, in the last quarter of this year. Demand arises from the US Navy and foreign military sales in Spain, Finland and Switzerland.
Meggitt's long-life, lightweight fuel cell technology is based on polyurethane. Maintenance-free, with inner liners that do not dry out and degrade when empty for extended periods, these fuel cells have the flexibility to withstand the rigours of military operations.
Meggitt's ballistically-resistant fuel cells have self-sealing properties in which bullets are absorbed into a rubber gel, suppressing ignition sources and stopping fuel leaks. The Hornet product is a part long-life, lightweight cell and part ballistically-resistant structure.
The win demonstrates Meggitt's operational excellence and technological superiority. Chief Executive Stephen Young commented: "Meggitt is synonymous with flexible crashworthy and ballistically-resistant fuel cell technology in this market. However, a critical success factor in winning this award was our Rockmart facility's outstanding quality standards and superior delivery performance."
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ENDS
For further information, please contact:
Meggitt PLCRichard Cashin, Investor Relations Tel: 01202 597597
Fiona Greig, Corporate Communications
Buchanan CommunicationsCharles Ryland, Richard Oldworth and Helen Chan Tel: 0207 466 5000
Editor's notes
About Meggitt Polymers & Composites
Meggitt Polymers & Composites (MPC), a division of Meggitt PLC, is the leader in the design, engineering and manufacture of robust, cost effective, sealing solutions. MPC provides seals for aircraft and oil platforms; flexible fuel tanks and coatings; the composites that make up smart ice protection systems and sub-assemblies; and helicopter interior panels and accessories.
All product development is backed by strong manufacturing engineering expertise, the latest design tools, systems design and development and programme management experience. With more than 700 employees and 160,000 square feet of manufacturing space, MPC is the global provider of complete sealing solutions.
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 is a world leader in aerospace, defence and energy. Meggitt employs nearly 11,000 people at over 40 manufacturing facilities and regional offices worldwide.
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