Senior PLC Contract (6495T)
March 22 2019 - 3:00AM
UK Regulatory
TIDMSNR
RNS Number : 6495T
Senior PLC
22 March 2019
Senior plc selected by Saab for work on Boeing's T-X
programme
Senior plc ("Senior"), an international manufacturer of high
technology components and systems, announced today that its
Aerospace Division has been officially selected by Saab AB ("Saab")
to supply components for the Boeing T-X advanced pilot training
system. The U.S. Air Force selected the purpose-built aircraft and
simulation system after a multi-year competition.
The Senior effort will commence with support to the Engineering
and Manufacturing Development ("EMD") phase followed by series
production. Furthermore in their award announcement, Boeing stated
that they "expect T-X to be a franchise program for much of this
century."
The scope of the Senior content is to provide the Bleed Air Duct
System and the APU Exhaust duct assembly to Saab. The work will be
performed at Senior's world-class facility in the United States,
supporting Boeing and Saab's commitment to an American made
aircraft.
Senior Aerospace SSP ("SSP") will design and manufacture the
Bleed Air Duct System and the APU Exhaust duct assembly, with work
commencing immediately to support Saab and program schedules. SSP
is a leading supplier of high-temperature and high-pressure fluid
conveyance systems, including Bleed Air Duct and APU Exhaust, for
the civil and military aerospace industry.
Commenting on the award, David Squires, Chief Executive of
Senior plc, said: "We are delighted to be selected for this
prestigious programme and to grow our relationship with Saab.
Senior Aerospace is a very experienced supplier to the US Defence
market and we look forward to playing our part in delivering an
exceptional trainer aircraft to the U.S. Air Force. We feel
confident that the aircraft will prove to be very successful in
meeting other US domestic and international opportunities beyond
the initial U.S. Air Force programme".
"Saab welcomes Senior to the T-X family and the contribution
this agreement makes as we go forward in this important stage in
our relationship", says Mikael Heelge, Vice President and head of
Strategic Sourcing, business area Aeronautics, Saab.
About Senior Aerospace SSP
Senior Aerospace SSP located in Burbank, California is a leader
in the design and manufacture of high pressure/high temperature
ducting systems for the aerospace industry. SSP's systems and
products are found on most commercial and military air vehicles and
their respective engines, as well as on space launch and orbiting
vehicles.
About Senior
Senior is an international manufacturing group with operations
in 14 countries. It is listed on the main market of the London
Stock Exchange (symbol SNR). Senior designs, manufactures and
markets high technology components and systems for the principal
original equipment producers in the worldwide aerospace, defence,
land vehicle and power & energy markets. Further information on
Senior plc may be found at: www.seniorplc.com.
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
CNTPGUUPWUPBGMG
(END) Dow Jones Newswires
March 22, 2019 03:00 ET (07:00 GMT)
Senior (LSE:SNR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Senior (LSE:SNR)
Historical Stock Chart
From Jul 2023 to Jul 2024