RCS - Senior PLC - Senior plc - Contracts with Collins Aerospace

SeniorAnnouncement

11/06/2024 07:00

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RNS Number : 8265R  Senior PLC  11 June 2024

 

11 June 2024

 

 

Senior plc announces multi-year contracts with Collins Aerospace - an RTX
Business

 

Senior plc ("Senior"), an international manufacturer of high technology
components and systems, today announces that it has been awarded various
multi-year production contracts by Collins Aerospace ("Collins") for the
supply of precision formed and machined thrust reverser structural components
for Boeing 787, Airbus A320neo and Airbus A220 aircraft.  Deliveries
commenced in January 2024 for Boeing and will commence January 2025 for
Airbus.  The total value of contracts is approximately $80m over a 10-year
period.

 

Manufacturing is being undertaken at Senior Aerospace's Jet Products facility
near San Diego, California, USA.

 

Commenting on the awards, Launie Fleming, CEO of Senior Aerospace, said: "We
are delighted to have been awarded these new long-term contracts from Collins
Aerospace for complex structural components across Airbus and Boeing
platforms.  The awards are another great example of how our customers value
Senior Aerospace's manufacturing expertise, quality and on-time delivery, and
they will help to deliver further growth for Senior Aerospace's structures
businesses over coming years."

 

About Senior Aerospace

 

Senior Aerospace provides high technology products and systems for demanding
applications in the aerospace & defence and adjacent markets. Our product
portfolio spans a wide range of fluid conveyance and thermal management
components and sub-systems, as well as complex structural parts and
assemblies, for fixed and rotary-wing aircraft, aero-engines, spacecraft, and
a variety of other industrial applications. With a global footprint, Senior
Aerospace manufactures proprietary design and build-to-print products for
customers around the world that meet today's challenges and is actively
engaged in developing products and capabilities for a low carbon sustainable
future.

 

About Senior

 

Senior is a FTSE 250 international engineering and manufacturing Group with
operations in 12 countries. It is listed on the main market of the London
Stock Exchange (symbol SNR). Senior's Purpose is "we help engineer the
transition to a sustainable world for the benefit of all our stakeholders".
Senior designs and manufactures 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 (http://www.seniorplc.com)

 

Further information

 

Bindi Foyle                              Group
Finance Director
                                 +44 (0) 1923
714 725

 

Tom Bindloss                          Head of Treasury
and Interim IR                     +44 (0) 1923 714 743

 

Richard Webster-Smith          FGS Global
                                 +44 (0) 7796 708 551

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