Contract Win

For Immediate Release 23 June 2016

Meggitt PLC

("Meggitt")

Contract Win 

Meggitt wins $21 million F-16 canopy actuation

Meggitt Safety Systems, a Meggitt PLC business unit, has won a five-year indefinite-delivery/indefinite-quantity contract worth up to $21 million for the two-place seat canopy actuator on the F16 Fighting Falcon multi-role fighter aircraft.

The contract, consisting of yearly ordering intervals, is from the US Defense Logistics Agency (DLA) Aviation, Hill Air Force Base (Hill AFB).

All but the initial contract worth $2.1million will be available for procurement by the US Air Force and Foreign Military Sales. 

Jim Healy, General Manager, Business Operations, commented:

"Our design takes full advantage of the available space envelope, providing a drop-in replacement for the original actuator with lower operating stresses, more modern components and manufacturing techniques that offer higher reliability. The result is an exceedingly reliable and cost-competitive actuator package."

The product is manufactured at Meggitt's Simi Valley, CA facility. Worldwide sales are being handled by Meggitt's new aftermarket organisation, Customer Services & Support.

Some 550 dual seat F-16 aircraft are in line for canopy actuator replacements over the next five years.

ENDS

For further information contact:

Meggitt PLC 

Richard Cashin, Investor Relations - Tel: 01202 597597Fiona Greig, Corporate Communications

Meggitt PLC

Meggitt PLC is a leading international engineering group specialising in aerospace, defence and energy markets with a consistent record of strong financial performance. Meggitt's goal is to increase and strengthen its presence in long-term growth markets through proprietary product development reinforced by strategic acquisitions and investment in people and facilities. Meggitt's well-balanced portfolio offsets variation in demand from the market niches within which it operates.