Meggitt PLC Contract with Textron Aviation (9553U)
July 18 2018 - 2:00AM
UK Regulatory
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
CNTFKODKKBKBQOD
(END) Dow Jones Newswires
July 18, 2018 02:00 ET (06:00 GMT)
Meggitt (LSE:MGGT)
Historical Stock Chart
From Apr 2024 to May 2024
Meggitt (LSE:MGGT)
Historical Stock Chart
From May 2023 to May 2024