MOTHERWELL, Scotland,
June 19, 2017 /PRNewswire/ --
-INTERNATIONAL AEROSPACE ENGINEERING
GROUP RECRUITING AN ADDITIONAL 160 ENGINEERING SPECIALISTS THANKS
TO "MILESTONE OPPORTUNITY" -
International aerospace engineering group MB Aerospace can today
announce it has signed a new 10-year contract with United
Technologies Corporation (UTC) with a potential value of up to
$1bn over the life of the contract.
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.
Craig Gallagher, MB Aerospace chief executive officer, said: "We
are hugely respectful of the trust placed in us by United
Technologies and Pratt & Whitney to support their programs.
MB Aerospace and UTC already possess a strong working
relationship across Pratt & Whitney's installed base programs,
and this contract represents a milestone opportunity for our world
class teams to support UTC."
"We are proud to sign this agreement with MB Aerospace," said
Sam Abdelmalek, Pratt & Whitney
vice president, Global Supply Chain. "We value our long standing
relationship, and MB Aerospace is a critical supplier in our
world-class supply chain. As Pratt & Whitney strives for supply
chain excellence, suppliers like MB Aerospace that commit to our
supplier gold program, cost reductions and contractual governance
will have opportunities to grow with us."
Gallagher continues, "MB Aerospace supplies UTC with complex
fabricated assemblies from East
Granby and Warren and
complex machined parts from Rzeszow and Sterling Heights. As part
of this contract, MB Aerospace will also supply Pratt & Whitney
with rotating components from both its East Granby and Newton
Abbot facilities.
"We are delighted that our highly-skilled employees will have
the opportunity to serve Pratt & Whitney for the next decade on
these key programs.
"The MB Aerospace group has already invested more than
$50m in machining technology,
facilities expansion and in the last year has recruited an
additional 100 new full-time employees in support of this growth
and ahead of the agreement of this exciting contract. Included in
our investment in people is a ground-breaking Engineering Services
team of more than 40 technical and programming specialists to
support to each of our business units from a central hub located in
Rzeszow Poland - we plan to grow this team to at least 100
engineering specialists to support our customers through the
intense period of growth facing the industry in the next 3-5
years."
Notes to editors
About MB Aerospace - MB Aerospace is a leading Tier 1
supplier of precision aero-engine components directly serving major
aero-engine OEMs and leading 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. MB Aerospace has developed a highly attractive global
operating footprint, with 1,600 employees across six main
manufacturing hubs in the U.S., Poland and the U.K. with proximity to all key
OEM and Tier 1 customers. MB Aerospace recently secured investment
support from The Blackstone Group (NYSE:BX) when it was acquired by
Blackstone and management in a transaction in December 2015.
About Pratt & Whitney - Pratt & Whitney, a
division of United Technologies Corporation, is a world leader in
the design, manufacture and service of aircraft engines and
auxiliary power units. United Technologies Corp. based in
Farmington, Connecticut, provides
high-technology systems and services to the building and aerospace
industries.
SOURCE MB Aerospace