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Meggitt PLC (MGGT)

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Tuesday 19 November, 2019

Meggitt PLC

Contract Win

RNS Number : 8152T
Meggitt PLC
19 November 2019
 

 

19 November 2019

 

Meggitt PLC signs a six year $130m requirements contract with the Defense Logistics Agency, Philadelphia, for the supply of fuel bladders

 

Meggitt PLC, a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets, has secured a six year requirements contract with the Defense Logistics Agency (DLA), Philadelphia, for the supply of fuel bladders to the F/A-18 Super Hornet, V-22 Osprey and the CH/MH-53 Super Stallion. The contract extension has a potential lifetime value of $130 million and deliveries are scheduled to commence in 2020.

Meggitt's fuel bladders use innovative polyurethane technology to provide a long-life, lightweight solution that is highly flexible, durable and maintenance-free. Their unique self-sealing properties have proved fundamental in reducing fuel spillage incidents and reducing fire-related death and injury in survivable helicopter crashes to almost zero.

 

ENDS

 

Enquiries

Meggitt PLC                                                 +44 (0)1202 597 597

Mat Wootton, Vice President Strategy and Investor Relations

 

FTI Consulting                                              +44 (0)20 3727 1340

Nick Hasell, Managing Director

Dwight Burden, Managing Director

Alex Le May, Managing Director

 

About Meggitt PLC

Headquartered in the United Kingdom, this international group operates in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy. Meggitt employs more than 12,000 people at over 40 manufacturing facilities and regional offices worldwide.


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