GKN Aerospace Pick Up $100m Contract (Updated)

Wowser, $100m contract win for GKN

Great news for Island based GKN Aerospace, who we hear today have picked up a whopping $100m contract.

GKN Aerospace Pick Up $100m ContractThat’s some way to start the week!

We’re sure you’re already aware that the Cowes based company is a leader in composite and metallic technologies for the aviation industry.

So it’s little surprise that aircraft manufacturers, Bombardier Aerospace, who GKN have worked for many times over the years, have chosen them to design and manufacture the ‘winglet’ for one of their new aircraft.

GKN Aerospace Pick Up $100m ContractThe new CSeries aircraft from Belfast based Bombadier boasts “unmatched operating economics and a significantly reduced environmental footprint.”

We understand that the contract will be keeping GKN busy until 2025!

Phil Swash, CEO of Aerostructures-Europe, GKN Aerospace, comments: “We are delighted to have been awarded this significant work package on what we believe will be an exceptionally successful future aircraft. This latest contract sees us developing this partnership with a work package that will continue until the end of the first quarter of this century – and will build on our experience in the hugely promising area of winglet design and manufacture.”

Update 15:50 : Commenting on the announcement, Andrew Turner said, “This is excellent news and will secure jobs on the Island with GKN. I know that Geoff Armitage and his team have been working hard to secure this contract and their success is a tribute to the entire workforce.”

Read the original press release

Images: Bombadier

Monday, 22nd February, 2010 12:41pm

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Filed under: Business, Island-wide, Isle of Wight News

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4 Comments on "GKN Aerospace Pick Up $100m Contract (Updated)"

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muso-activator

Some good news for the Island economy for once. :)

amphion

wonderfull news once again the Island shows what it can do
No doubt Pugabe and Brown will be claiming this is their work watch this weeks CP

muso-activator

Seems the news might not be so great as a lot of production possibly to be switched to Lee On Solent.

muso-activator

Apologies….I meant Britten Norman in Bembridge.