Bodycote secures 15-year contract with Rolls-Royce
Bodycote has signed a 15-year contract with Rolls-Royce's civil aerospace business that is expected to be worth more than £160m in incremental revenues.
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As part of the contract, Bodycote will provides thermal processing services which include specialised vacuum heat treatment and hot isostatic pressing, supporting Rolls-Royce's turbine blade casting facilities in Derby and Rotherham.
"The agreement ensures the provision of specialist thermal processing capacity utilising Bodycote's high performance, quality-focused approach to support the growth of Rolls-Royce's large civil engine programmed; these include the Trent XWB, Trent 1000, Trent 7000, Trent 700 and Trent 900."
At 0810 BST, the shares were up 1.6% to 932p.