Curtiss-Wright Corporation (NYSE: CW) today announced that its Sensors & Controls division has entered into a six-year comprehensive agreement with Aerolineas Argentinas to provide product support for multiple components used on Aerolineas Argentinas’ Boeing 737 New Generation (NG) fleet. Under the agreement, Curtiss-Wright will provide maintenance, repair and overhaul support for components manufactured by Curtiss-Wright for Boeing and additional products manufactured by other suppliers. The estimated potential lifetime value of the contract is approximately $1.5 million. The support services provided under the agreement, which commenced in 2013, are scheduled to run through the end of 2019.
“We are very pleased to have been selected by Aerolineas Argentinas to provide our industry-leading maintenance, repair, and overhaul services for components used on their Boeing 737 New Generation (NG) fleet,” said Graham Macdonald, Senior Vice President & General Manager, Sensors & Controls division. “This new agreement covers numerous, highly engineered components on the Aerolineas Argentinas 737 New Generation (NG) fleet, which is a result of our commitment to provide the fastest possible response and highest quality product support in the industry. We are especially pleased to support Aerolineas Argentinas, one of two major Latin American carriers to recently sign a long-term agreement with Curtiss-Wright for product support.”
The Sensors & Controls division will provide the maintenance, repair and overhaul services covered under the agreement at its Actuation Systems business unit’s product support facility located in Gastonia, N.C. The serviced products will be shipped to Aerolineas Argentinas in Buenos Aires, Argentina.
Source: Curtiss-Wright Corporation (NYSE: CW)
Date: Jun 30, 2014