Figeac Aéro: subsidiary wins contract for A320 NEO.
(CercleFinance.com) - Figeac Aero's subsidiary, SN Auvergne Aéro has won a new contract for the A320 NEO ("New Engine Option") program, we learned after trading on Monday.
This new contract, worth 21 million dollars over 3 years is for the production of titanium sheet metal parts for aircraft engine masts. This is the first contract won by SN Auvergne Aero since its acquisition by Figeac Aéro.
The production of the aforementioned parts will be carried out by the Aulnat (Oregon) site, which will under this contract will benefit from part of the 5 million euro investment over 3 years, which is dedicated to SN Auvergne Aéro's entities.
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This new contract, worth 21 million dollars over 3 years is for the production of titanium sheet metal parts for aircraft engine masts. This is the first contract won by SN Auvergne Aero since its acquisition by Figeac Aéro.
The production of the aforementioned parts will be carried out by the Aulnat (Oregon) site, which will under this contract will benefit from part of the 5 million euro investment over 3 years, which is dedicated to SN Auvergne Aéro's entities.
Copyright (c) 2017 CercleFinance.com. All rights reserved.