Exclusive supply agreement with CDS

RNS Number : 7041Z

TT Electronics PLC

15 December 2014

 



15 December 2014

TT ELECTRONICS PLC

("TT" or "the Group")

Exclusive supply agreement with
Controls and Data Services, part of the Rolls-Royce Group

TT Electronics plc, an innovative global electronics company supplying world leading manufacturers, is pleased to announce that it has been selected by Controls and Data Services to be its strategic supplier of hybrid microcircuits. Controls and Data Services is part of the Rolls-Royce Group, providing safety critical controls and asset intelligence solutions to more than 300 customers around the world.

TT has been partnering with Controls and Data Services for the past five years and this latest agreement extends the existing Long Term Agreement to include the supply of engine control modules for the latest Rolls-Royce engines including the Trent XWB and Trent 1000.  The exclusive supply agreement is for an initial term of 10 years.  

Commenting on the supply agreement, Richard Tyson, Group Chief Executive of TT said:

"Controls and Data Services is a long-standing, strategic customer and we are delighted to be working with them on this key programme.  This agreement further strengthens our relationship and reflects the significant investment we are making in our world class engineering and production capabilities"

Wendy Stopher, Purchasing and Supply Chain Executive for Controls and Data Services added:

"This agreement is the result of close collaboration between the two businesses and provides a solid platform for ongoing technology development"

For further information please contact:
TT Electronics plc	Tel:  [phone]
Richard Tyson, Group Chief Executive Shatish Dasani, Group Finance Director
Hudson Sandler	Tel:  [phone]
Andrew Hayes / Wendy Baker / Katie Matthews

 

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