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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 |
TIDMMGGT
RNS Number : 8828W
Meggitt PLC
24 August 2020
24 August 2020
Meggitt PLC signs a multi-million pound contract with MODEC for the supply of pioneering Printed Circuit Heat Exchangers
Meggitt PLC, a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets, has secured a contract with MODEC, Inc. (MODEC) for the supply of Printed Circuit Heat Exchangers (PCHEs) to the Bacalhau Floating Production Storage and Offloading (FPSO) vessel. The contract will be supplied by Meggitt's Heatric business.
The use of Meggitt's innovative PCHE technology in gas compression and gas injection processes enables superior performance at a fraction of the size and weight of other heat exchanger solutions, providing increased efficiency, flexibility and lower operating costs.
MODEC's Bacalhau vessel will be the largest FPSO ever delivered to Brazil with a topside designed to produce up to 220,000 barrels of crude oil per day.
Enquiries:
Meggitt PLC
Mathew Wootton, Vice President, Head of Investor Relations
Jessica Barrett, Investor Relations Manager
Tel: +44 (0) 7833 094 069
FTI Consulting
Nick Hasell, Managing Director
Alex Le May, Managing Director
Dwight Burden, Managing Director
Tel: +44 203 727 1340
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(END) Dow Jones Newswires
August 24, 2020 02:00 ET (06:00 GMT)
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