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Press release

Acutec secures LTA part order with estimated worth of $90 million over next three years

01/06/2023

Press releaseIssued by Acutec Precision Aerospace, Inc..

Acutec has secured a Long Term Agreement (LTA) with a multi-billion dollar aerospace customer consisting of 230 unique parts that support commercial and military aviation and power generation. The systems supported by these parts include: engine, fuel and air control, hydraulic and actuation. This LTA is valued at approximately $90 million over the next three years.

Acutec’s mission is striving to be the most respected partner in the aerospace industry, and being a partner that can handle this level of volume is critical in achieving this mission. Made up of employee-owners in over 400,000 square feet of manufacturing space, they are fully equipped to support their partners’ growth objectives as the industry continues to soar.

CEO of Acutec, Elisabeth Smith, adds “Acutec is pleased that we’ve been able to respond to the long-term supply chain needs of the Aerospace industry and solidify our partnerships with key customers for years to come. It not only demonstrates our commitment to growth but also highlights the unwavering support and belief we have in our talented team. This is not just a win for Acutec but for our communities and local suppliers with whom we share our success.”

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Elisabeth SmithPresident & CEO · Acutec Precision Aerospace, Inc.in

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