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Elbit Systems' subsidiary, Cyclone, will supply Spirit AeroSystems with commercial aircraft parts valued at $160 million

Elbit Systems Ltd. (NASDAQ:ESLT) announced that its subsidiary, Cyclone Aviation Products Ltd. (Cyclone), was awarded a contract by Spirit AeroSystems to supply doors for commercial aircraft. The contract, valued at approximately $160 million, is Cyclone's largest contract ever, with deliveries scheduled between 2009 and 2016.

Yoram Shmuely, Co-General Manager of Elbit Systems' Airborne Division said: "The fact that we have been selected, again, by Spirit AeroSystems is a testament to the customer's satisfaction and constitutes an additional milestone in positioning Cyclone as a major supplier to leading aerospace companies worldwide."

Joseph Ackerman, President and CEO of Elbit Systems said: "This important contract win reflects the recognition and trust that Cyclone in particular, and Elbit Systems in general, has established among major global aviation companies. Elbit Systems sees the commercial aviation market as a significant growth engine since it interfaces with a broad spectrum of our activities. Therefore, in addition to the significance we attribute to this contract win for Cyclone, we also view it as an important step in substantiating Elbit Systems' leadership in the fast-growing area of advanced avionics systems applied in the commercial aviation industry."

Press release issued by Elbit Systems Cyclone Ltd on March 4, 2008

 

 Contact details from our directory:
Elbit Systems Cyclone Ltd Aircraft Structural Components, Wing Flaps, Winglets, Forming, Chemical Milling, Fuel Tanks & Systems, Filament Winding Service, Metal Bonding, Aircraft Doors, Aircraft Control Surfaces, Fairings, Wing Spoilers, Honeycomb Core Composites, Engine Pylons, Composite Manufacturing Services, Fuselage Sections, Aircraft Flooring, Helicopter Assemblies, Crew Seating, Composite Structures, Composite Sandwich Panels, Laminates
Spirit AeroSystems, Inc. Wing Flaps, Empennages, Nacelles, Wings, Aircraft Control Surfaces, Aircraft Structural Components, Thrust Reversers, Engine Pylons, Fuselage Sections, Engine Inlets, Wing Spoilers, Fairings, Machining Services

 

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