Re Contract
Smiths Group PLC
16 June 2004
Smiths Group plc
765 Finchley Road London NW11 8DS
T:+44(0)20 8457 8403 F:+44(0)20 8458 0680
www.smiths-group.com
News Release
London, 16/06/04
For immediate release
Smiths wins Boeing 7E7 Landing Gear Actuation and High Lift Systems
Smiths Aerospace, a division of Smiths Group plc, has been selected by The
Boeing Company to supply the landing gear and high lift actuation systems for
the 7E7 aircraft in total contract values in excess of $1.6 billion. The first
system delivery from Smiths is scheduled for the fourth quarter of 2006. The 7E7
entry into service is scheduled for 2008.
Commenting on the selections, chief executive of Smiths Group, Keith
Butler-Wheelhouse said, 'This news reflects Smiths long-term commitment to
investment in research and development and reconfirms our tier one supplier
status with Boeing. In addition, Smiths will also supply the common core system
on the 7E7 and the enhanced airborne flight recorder. The revenue on these
contracts is expected to approach $3 billion for Smiths over the lifetime of the
aircraft.'
Dr. John Ferrie, group managing director, Smiths Aerospace added, 'This
programme, with its integration of mechanical engineering and electronic control
systems, is a prime example of our ability to deliver best value to our
customers. We are committed to a long and successful relationship with Boeing
as a first tier supplier on the 7E7 and other programmes.'
'We're making great progress bringing our team together,' said Boeing 7E7 Senior
Vice President Mike Bair. 'The selection process has been very robust, making
us confident that we're selecting the companies that will help us deliver an
outstanding product to our customers.'
Smiths Aerospace is the leading transatlantic aerospace equipment company, with
more than 9,000 staff and $1.6 billion revenues split between Europe and North
America. Smiths Aerospace, a part of Smiths Group plc, holds key positions in
the supply chains of all major military and civil aircraft and engine
manufacturers and are world-leaders in electronic and mechanical systems,
precision components and customer services.
www.smiths-aerospace.com
Smiths Group designs and manufactures safety critical systems and products, and
has market leading positions in aerospace systems, detection systems, medical
devices, mechanical seals, and interconnect products.
For further information, visit www.smiths-group.com
Notes to editors
About the landing gear systems
Smiths is responsible for the design, development, certification and
manufacturing of a fully integrated system which will control the deployment and
retraction of the aircraft landing gears, including the nose landing gear
steering and the brake control and monitoring systems.
In addition to the normal package of mechanical hardware, Smiths will also
provide the flight deck interfaces and local control electronics and a
comprehensive customer services package from entry into service. This programme
brings together Smiths skills in systems integration and programme management,
hydraulic actuation, electronics and software control. The programme will be led
from the Company's facility in Washington State, with work also being carried
out in Smiths facilities in Cheltenham, UK and Michigan.
The 7E7 integrated landing gear systems (LGS) consists of three systems which
are:
Main and nose gear actuation systems that will enable the deployment and
retraction of the aircraft landing gears,
Nose gear steering system that will enable steering of the airplane on the
ground,
Brake control and monitoring system.
This programme will utilise state of the art technologies and an expanded scope
demonstrating Smiths investment in new technology and applying existing
technology in new areas.
About the High lift actuation system
The high lift actuation system comprises all of the elements required to power,
actuate and monitor the flap and slat system. Smiths is responsible for the
design, development, certification and manufacture of the full system and will
also provide a comprehensive customer services package from entry into service.
This programme brings together Smiths skills in systems integration and
programme management, mechanical actuation and electronics. The programme will
be led from the Company's facility in Wolverhampton, UK.
The 7E7 high lift actuation system consists of leading and trailing edge
actuation including:
• Power drive units for the generation power for the transmission system
• Transmission system including angle gearboxes to enable routing of
transmission through the aircraft wings and fuselage
• Rotary actuation and safety critical braking devices
• Monitoring and skew detection equipment
In addition to certification responsibility of the system, Smiths will provide
full interface and certification support at the aircraft level.
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Contact
Smiths Group Smiths Aerospace
Bernard Carey Jennifer Villarreal
Tel: +44 (0)20 8457 8403 Tel: +1 616 241 8643
Caroline Harris Heather Cox
Tel: +44 (0)20 8457 8306 Tel: +44 (0)20 8457 8336
Investor Relations
Russell Plumley
Tel: +44 (0)20 8457 8203
This information is provided by RNS
The company news service from the London Stock Exchange