Summary
Smiths Aerospace has clinched a risk and revenue sharing deal with US engine manufacturer GE Aviation with a potential sales value of more than $60 million (pounds 30.6 million) over its lifetime.
The programme involves five F404 engine components that are manufactured at the Smiths Aerospace Components facility in Asheville, North Carolina. Smiths will produce these parts for all new and spare engines. Deliveries will continue through to 2023.See the full content of this document
Extract
Smiths Clinches Lifetime Plane Deal
Peter Wright, president, Smiths Aerospace Components, said: "Smith...
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