GKN Aerospace and Boeing Agree Multiple Long Term Contracts
GKN Aerospace has secured long term agreements (LTA) with Boeing Commercial Airplanes which cover the supply of titanium and aluminium machined parts and subassemblies for the 767, 777, and 787 Dreamliner airplanes, plus new work packages for the 777X.
GKN Aerospace has been manufacturing items covered by a number of these agreements for over ten years, with the new LTA, moving this work into its second decade. Parts supplied will include 787 titanium wing fittings as well as the horizontal stabilizer spars and jack screw assembly, and drag struts for the 777 and 777X. Production will take place at GKN Aerospace’s advanced machined structures (AMS) facilities in Amityville, NY and St. Louis, MO.
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Mike Grunza, Chief Executive Officer, GKN Aerospace, Aerostructures - North America, said: “We greatly appreciate the confidence Boeing continues to demonstrate in GKN Aerospace as the long term provider of large and complex machined parts and sub-assemblies for their most successful programmes. Through our working partnership with Boeing we have brought our significant machining expertise and capacity to these programmes. This new commitment, through these extended contract agreements, will allow us to plan ahead effectively, assuring continuity of supply and enabling us to implement process improvements and achieve cost reductions as aircraft production rates continue to ramp up.”
- See more at: http://www.gkn.com/aerospace/media/news/Pages/GKN-Aerospace-and-Boeing-agree-multiple-long-term-contracts.aspx#sthash.JxqzgyqP.dpuf
Source : GKN Aerospace - view original press release