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Delayed · 05:30 UK

MB Aerospace group gets USD 1bn United Technologies contract

International aerospace engineering group MB Aerospace has signed a new 10-year contract with United Technologies Corporation (UTC) with a potential value of up to USD 1bn over the life of the contract, the company said.

The new contract will see MB Aerospace supply complex performance critical aero-engine components and assemblies for content across the full range of Pratt & Whitney (PW) engine programs.

Founded in 2000, MB Aerospace manufactures aero-engine components and employs 1,600 employees in the USA, UK and Poland. The group described the new contract as a “milestone opportunity” and estimates an additional 160 engineering specialists have been and will be recruited within the next 3-5 years to service the new contract and meet wider industry demand.

MB Aerospace is a Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and tier 1 suppliers. MB Aerospace´s focus on complex performance critical aero-engine components leverages a depth of technical and engineering understanding across the full range of materials, manufacturing processes and customer approvals to be a truly trusted and scaled partner to the main aero-engine OEMs.

Published by Financial News