19th Dec 2006 07:01
BBA Aviation PLC19 December 2006 BBA AVIATION ANNOUNCEMENT BBA Aviation announces Landing Gear System Contract with Eurocopter BBA Aviation announces today that APPH, its landing gear and hydraulic systemintegrator, has signed a contract with Eurocopter France to design, develop,certify and manufacture the landing gear system for the EC-175 helicopter. Thisseven tonne utility helicopter is a joint development programme betweenEurocopter and Harbin Aviation Industries Group of China. The market for this programme is expected to be up to 1000 helicopters, with aproduction life cycle of 20 years. The value of the contract for OriginalEquipment and spares is anticipated to be in excess of $100m of revenue, withthe first deliveries expected in 2010. APPH focuses on landing gear and hydraulics systems for specialist niche marketsand this contract award is another major step in achieving its organic growthstrategy and significantly increases BBA Aviation's profile and footprint in theglobal aviation systems market. BBA Aviation's Chief Executive, Mr. Michael Harper, commented: "I am very pleased to announce this new contract award for APPH. It is anotherimportant step in increasing BBA Aviation's footprint in the global aviationhydraulic systems market and the fact it was achieved against a background oftough European competition underlines APPH's increasing profile and success inthis area." Enquiries BBA Aviation plc 020 7514 3999Michael Harper, Group Chief ExecutiveAndrew Wood, Group Finance Director Brunswick Group 020 7404 5959Lucie Anne BrailsfordJemma Hill Notes to Editors BBA Aviation is a world leader in aviation services focusing on Aviation FlightSupport and Aftermarket Services and Systems. BBA Aviation provides flightsupport services for corporate and commercial aviation customers as well asmaintenance, repair, overhaul and spare parts for aircraft engines. It alsosupplies aviation components, landing gear and hydraulic systems. These areattractive niches in a $250 billion market with clear barriers to entry, whereBBA has leading positions, well-known and reputable brands and a proven trackrecord of organic and acquisition-led growth. BBA Aviation was formerly part of BBA Group, but following the demerger ofFiberweb, in November 2006 it became a stand-alone aviation services business. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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