AE Aerospace awarded new £3.6m Airbus Contract
We have just secured a £3.6m three-year contract with a major Aerospace Company in the Midlands, supplying complex machined components for the A220 Airbus programme.
Obtaining an order of this scale, after 2020 saw Civil Aerospace manufacturing plummet, is a huge vote of confidence for AE Aerospace and the sector. This contract will see us growing back to the sales levels seen in 2019 and will ensure that we can maintain employment for skilled staff, whilst providing additional supply chain work in the West Midlands.
The three-year contract reflects our continuous investment in facilities, manufacturing technologies and our team. Ultimately, it is the investment in improved machining which resulted in a price reduction for the customer. In securing this agreement, we have demonstrated the ability to meet the competitive demands of cost, quality and performance expected.
Peter Bruch, Managing Director, said that ‘With the well documented reduction in Civil Aerospace work and employment in 2020 due to COVID-19, this new order is a welcome boost to the West Midlands and maintains work in the UK’.
AE Aerospace has consistently demonstrated the ability to meet the demands expected by customers and 2021 will see AE Aerospace’s order book continue to grow.