14 January 2010
14 January 2010
Flow International Corporation Advanced segment will celebrate new orders over the next 18 months worth an estimated $11 million (US).
The orders are for Composite Machining Center abrasive waterjet and routing machine tool systems and are expected to be completed over the next 12 to 18 months.
The majority of the purchase orders are from Airbus supplier partners working on multiple Airbus programs.
""As waterjets continue to become integral to the aerospace industry's adoption of composite materials, we are proud to again be selected as the only provider of composite machining technology,"" said Charley Brown, President and CEO, Flow International. ""Flow has a long history and clear leadership position in developing and supporting abrasive waterjet cutting systems for major composites programs.""
These new orders are in addition to the previously reported backlog of approximately $20 million, as of the second quarter ended October 31, 2009, for Flow’s Advanced segment.
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