Meggitt PLC ("Meggitt" or "the group"), a leading international company specialising in high performance components and sub-systems for aerospace, defence and energy markets, has been selected to provide a package of thermal management products for LEAP engine variants 1A, 1B and 1C. The wins build on the excellent relationship established between Meggitt and Snecma (Safran) on the CFM56 engine.
Worth over $175 million for the life of the programme (original equipment, spares and repairs), components include fuel oil heat exchangers which perform at extremely high temperatures, helping to optimise engine efficiency and lowering fuel consumption.
Developed by CFM International (a 50:50 joint venture company between GE of the United States and Snecma of France), the LEAP engine will power the Airbus A320neo, Boeing 737MAX and the COMAC C919 aircraft.
Terry Twigger, Chief Executive, commented: “With Meggitt Sensing Systems’ sensor packages, also awarded for all three engine variants, these new contracts for Meggitt Control Systems further enhance our position on this important next generation engine.”
The thermal management package will be made in Meggitt’s facility in Birmingham, UK, supported by Meggitt’s global aftermarket organisation.
For further information contact:
Richard Cashin, Investor Relations, Tel: 01202 597597
Fiona Greig, Corporate Communications
Charles Ryland, Jeremy Garcia and Louise Hadcocks, Tel: 020 466 5000
About Meggitt PLC
Headquartered in the United Kingdom, Meggitt PLC is an international group operating in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy, employing nearly 11,000 people at more than 40 manufacturing facilities and regional offices worldwide.