RCS - Senior PLC - Senior plc - Contract extension with Spirit

SeniorAnnouncement

25/04/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240425:nRSY9207La&default-theme=true

RNS Number : 9207L  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 (http://www.seniorplc.com)

Further information

 Bindi Foyle            Group Finance Director           +44 (0) 1923 714 725
 Tom Bindloss           Head of Treasury and Interim IR  +44 (0) 1923 714 743
 Richard Webster-Smith  FGS Global                       +44 (0) 7796 708 551

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRASESFMLELSEFL