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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Meggitt Plc | LSE:MGGT | London | Ordinary Share | GB0005758098 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 798.80 | 799.20 | 799.40 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMMGGT
RNS Number : 5540N
Meggitt PLC
21 January 2019
Meggitt PLC
21 January 2019
Meggitt signs $750m contract with Pratt & Whitney for the continued supply of advanced engine composites for the F135 and F119
Meggitt PLC, a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, has signed a long term agreement with Pratt & Whitney to continue the supply of advanced composite components for the F119 and F135 engines which power the F-22 Raptor and F-35 Lightning II aircraft.
The 10 year global agreement is valued at around $750 million and extends Meggitt's existing relationship with Pratt & Whitney in the supply of advanced engine composites for military and civil engine applications.
Meggitt Chief Executive, Tony Wood, said: "Meggitt is delighted to be working with Pratt & Whitney through this ground-breaking 10 year agreement in support of the F135 and F119 engine programmes. These components will be produced in our new state-of-the-art facility in San Diego, California which opened in August 2018 to support the rapid growth in demand for advanced engine composite components across the aerospace industry."
Ruben Harris, Vice President, Global Supply Chain, Pratt & Whitney said: "We are proud to sign this agreement with Meggitt. Meggitt is a critical supplier for our fourth and fifth generation fighter engine programmes, and we value the long standing relationship."
ENDS
Enquiries
Meggitt PLC +44 (0)1202 597 597
Adrian Bunn, Vice President Strategy and Investor Relations
FTI Consulting +44 (0)20 3727 1340
Deborah Scott, Senior Managing Director
Nick Hasell, Managing Director
About Meggitt PLC
Headquartered in the United Kingdom, this international group operates in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy. Meggitt employs more than 11,000 people at over 40 manufacturing facilities and regional offices worldwide.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
January 21, 2019 02:00 ET (07:00 GMT)
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