HARTFORD (dpa-AFX) - Firth Rixson has reached a 10-year agreement worth more than $1 billion with United Technologies Corp. (UTX) to supply engine and system components for UTC Propulsion & Aerospace Systems' businesses Pratt & Whitney and UTC Aerospace Systems.
As UTC ramps up production of its commercial and military aircraft systems and engines, Firth Rixson would provide valuable parts for UTC's legacy and next generation programs, including Pratt & Whitney's PurePower engine family, and UTC Aerospace Systems Boeing 787 and Airbus A320 programs.
'UTC demands high standards for quality, delivery, cost and performance and many of our sites have earned UTC Supplier Gold status. I am convinced this contributed to our ability to win new business,' said David Mortimer, Chief Executive Officer of Firth Rixson. He continued, 'the contract also provides incentives for additional growth above and beyond the initial portfolio, which we will work towards obtaining, to further grow UTC as a critical customer.'
Firth Rixson noted that the new business would significantly benefit eleven of Firth Rixson's twelve operating facilities across the globe, spanning North America, the UK, and China.
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