Senior plc - Contract extension with Spirit

Senior PLC

25 April 2024

 

25 April 2024

Senior plc announces $130m multi-year contract extension with Spirit AeroSystems

Senior plc ("Senior"), an international manufacturer of high technology components and systems, today announces that it has been awarded a 5-year contract extension by Spirit AeroSystems Holdings, Inc. for the supply of large diameter precision formed and machined structural components for Boeing aircraft programs such as the 777, 777-9 and 737 MAX family.  The contract extension commences in January 2026 and is valued at approximately $130million over the 5-year period.

Commenting on the award, Launie Fleming, CEO of Senior Aerospace, said: "Spirit AeroSystems is an important customer to Senior who values our high levels of quality and on-time delivery.  As aircraft build rates continue to increase, we are delighted to be awarded this 5-year contract extension for precision, complex aerostructure components."

Manufacturing will be undertaken at Senior Aerospace Jet Products' facility near San Diego, California, USA.

About Senior Aerospace

Senior Aerospace provides high technology products and systems for demanding applications in the aerospace & defence and adjacent markets.  Our product portfolio spans a wide range of fluid conveyance and thermal management components and sub-systems, as well as complex structural parts and assemblies, for fixed and rotary-wing aircraft, aero-engines, spacecraft, and a variety of other industrial applications.  With a global footprint, Senior Aerospace manufactures proprietary design and build-to-print products for customers around the world that meet today's challenges and is actively engaged in developing products and capabilities for a low carbon sustainable future.

About Senior

Senior is a FTSE 250 international engineering and manufacturing Group with operations in 12 countries.  It is listed on the main market of the London Stock Exchange (symbol SNR).  Senior's Purpose is "we help engineer the transition to a sustainable world for the benefit of all our stakeholders".  Senior designs and manufactures high technology components and systems for the principal original equipment producers in the worldwide aerospace & defence, land vehicle and power & energy markets.  Further information on Senior plc may be found at: www.seniorplc.com

Further information

Bindi Foyle	Group Finance Director	[phone]
Tom Bindloss	Head of Treasury and Interim IR	[phone]
Richard Webster-Smith	FGS Global	[phone]

 

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