Firth Rixson, a provider of highly engineered forged- and specialty-metal products, has reached an agreement with MTU Aero Engines, the largest independent German aero-engine and engine-module manufacturer, to extend the commercial terms of two separate multi-year purchasing agreements signed by the companies in 2004. With this renewed agreement, Firth Rixson will continue to supply seamless rolled-ring forgings and welded rings to MTU through 2014 and 2015, respectively. The agreements – with a combined value of approximately $23 million annually – span 80 part numbers, which will be supplied from Firth Rixson’s U.S. and U.K. manufacturing facilities.
Firth Rixson and Techspace Aero, a designer and producer of aero- and space-engine equipment and modules, have reached agreement to extend and expand upon the multi-year purchasing agreement signed by the companies in 2006. Staring in January 2009, Firth Rixson will increase its supply of seamless rolled-ring forgings to Techspace Aero through December 2012. The products will be supplied from each of Firth Rixson’s four U.S.-based facilities.
Firth Rixson, MTU Aero Engines Continue Agreements
December 2, 2008