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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 : 9553U
Meggitt PLC
18 July 2018
18 July 2018
Meggitt contract with Textron Aviation for wireless tyre pressure monitoring
Meggitt PLC, a leading international aerospace and defence engineering group, today announces that it has been awarded a contract with Textron Aviation, a Textron Inc (NYSE: TXT) company, to develop a wireless system that can check tire pressures on a business jet in just a few seconds, replacing the need for a manual gauge.
This follows on from Meggitt's long experience in providing wireless systems for aircraft which started in 2000 with the introduction of the first flight-essential wireless system to monitor smoke detectors in aircraft cargo holds. Meggitt's wireless systems are now flying in over 1,500 aircraft.
Meggitt Sensing Systems President, Chris Allen said: "This contract builds on the development work we have been undertaking with Textron Aviation on this innovative technology which can help to extend tyre life and reduce human error resulting in significant savings in maintenance costs and increasing flight reliability for aircraft owners and their passengers."
ENDS
Enquiries
Meggitt PLC +44 (0)1202 597 597
Adrian Bunn, Vice President Strategy and Investor Relations
FTI Consulting +44 (0)20 3727 1000
Deborah Scott, Senior Managing Director
Nick Hasell, Managing Director
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
July 18, 2018 02:00 ET (06:00 GMT)
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