22 November 2016
22 November 2016
Avcorp Industries has been awarded a long-term production contract with the Aerospace Company of Fuji Heavy Industries (FHI), a tier-one supplier to major original equipment manufacturers (OEM) of commercial and defence aircraft around the world.
Avcorp explains that it will produce complex composite structural components for FHI that will be assembled for the Boeing 787 centre wing box. Avcorp, which will produce the components from its Composite Fabrication facility located in Gardena, California, expects that production volumes will grow by as much as 50% over historical supply rates.
“The contract award with FHI is significant on a number of levels,” said Mr. Peter George, CEO of Avcorp Industries. “First, it transitions our role with FHI from being a supplier with short-term purchase orders to one with a long-term contract for complex composite components for the Boeing 787 platform. Second, it extends our reach within the Boeing supply chain by complementing our longstanding relationship with the OEM. Both developments are due to our growing reputation as a quality supplier and to the recent investments we have made towards developing expertise in the manufacture of complex composite materials.”
As a result of the contract award, Avcorp’s order backlog is currently estimated at $901 million. The new total reflects the cumulative net effect of recent production deliveries as well as the addition of production contract with FHI.
North Thin Ply Technology (NTPT) and Richard Mille have signed a long-term collaboration and exclusive supply agreement. The new multi-year contract will see NTPT develop and provide its lightweight thin ply materials exclusively to Richard Mille for horology, jewellery and luxury stationery items.
The UK's Engineering Industries Association (EIA) and the Manufacturing Technologies Association (MTA) have received confirmation of government funding for UK engineering companies to exhibit at overseas trade shows.
Thai Flight Training (TFT), a subsidiary of Thai Airways, recently ordered an Airbus A320 door trainer from Spatial Composite Solutions.