Firth Rixson wins another aero deal

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Firth Rixson is on a roll after picking up another giant aerospace components order - worth £117m.

The Sheffield company has signed a deal to supply French engine company Snecma with die forged and seamless ring components until 2023.

They will be fitted in LEAP engines which will power the next generation of aircraft, including the Airbus A320neo family and the Boeing 737 MAX family.

The news comes just two days after the company announced it had won a £600m order for engine and landing gear parts from US-based United Technologies. And it comes just three weeks after the firm - which employs 2,500 people at 12 factories worldwide - was snapped up for £1.7bn by Alcoa.

The deals will see jobs created and secured in Sheffield.

David Mortimer, Firth Rixson chief executive, said: “This contract demonstrates the robustness of our critical rotating engine discs and rings supply and reiterates our continuous improvement focus in-line with market demand and adaptation.

“Firth Rixson have great admiration for the technology that Snecma produces, from the best-selling CFM56 engine, now to the LEAP engine family and with such advanced technology comes the requirement for a first-class supplier.

“Parts will be supplied from our US, UK and Asia-Pacific facilities, which further exemplifies our ability to support Snecma’s global sourcing initiatives. It is great, not only to be a part of such aircraft innovation, but to also be Snecma’s majority-share chosen supplier, enhancing the ongoing relationship we have with them and Safran.”

The long term agreement signed by Snecma (Safran), awards Firth Rixson “a significant market share,” he added.

Safran is a French engine and component company.