Log in to use our free company, program and sector update tracker feature.
 

Front page

Sigma signs £80m contract with Rolls-Royce

Avingtrans, a manufacturer of critical components and associated services to the global aerospace, energy and medical sectors is pleased to announce that Sigma Precision Components UK Ltd, part of Avingtrans plc's Aerospace Division, has signed a long term agreement (LTA) with Rolls-Royce plc. The contract is to supply rigid pipe assemblies and precision components and is valued at £80 million over its duration of 10 years.

Mark Johnson, Managing Director of the Aerospace Division, commented:

"This is a major milestone in our relationship with Rolls-Royce. We will use Sigma's developing global capability to deliver the best possible value to Rolls-Royce and we look forward to further strengthening our relationship with them over the life of this LTA."

Steve McQuillan, Chief Executive of Avingtrans, said:

"This agreement underpins the Board's confidence in the Aerospace Division meeting management's expectations in the current financial year. Following the disposal of Jena Tec for £13.45 million, and the subsequent acquisitions of Aerotech Tubes and aerospace assets from PFW, the Board continues to seek value enhancing acquisitions to build on the Group's position in the Aerospace and Energy & Medical markets."

Press release issued by Sigma Precision Components UK Ltd on November 28, 2012

 

 Contact details from our directory:
Sigma Precision Components UK Ltd Jigs & Fixtures, Nuts, Brazing, Tube Bending, Welding, Engine Parts, Tube Assemblies, Precision Machined Parts, Metal & Alloy Fabrications, Machining Services, Manifolds & Ducts
Rolls-Royce plc

 

 Related directory sectors:
Mechanical Components
Engine Components

Enhanced listings:


Peli Hardigg UK
Peli-Hardigg is the world’s largest manufacturer of aerospace approved reusable plastic shipping and storage containers, built to last a lifetime.

Titanium Industries Inc.
Specialty metals solutions, supplying performance metals for critical aerospace applications

Attwater Group
Attwater are manufacturers and machinists of thermoset, high pressure composite sheets to recognised international standards.

Indestructible Paint Ltd
A developer and manufacturer of specialist, technology coatings to support the lifetime of aviation, defence and general industry.

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

See our advertising tariff.

 

8
data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2018. Terms & Conditions of reading. Privacy policy