Senior wins $12m aerospace contract
FTSE 250-listed engineering and manufacturing group Senior has won a contract with United Arab Emirates-based Strata Manufacturing worth $12m.
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The deal, for the supply of Boeing 787 vertical fin detail parts, has a seven-year term with work being undertaken at a Senior Aerospace Thailand (SAT) facility in Chonburi. SAT is Boeing-approved for manufacture, treatments, and assembly.
"Strata is a new customer for Senior, and we are delighted that Senior Aerospace Thailand has been selected for this important contract," said Launie Fleming, chief executive of Senior Aerospace.
"Senior is a trusted supplier to the Commercial Aerospace industry, and we look forward to executing on this and future contracts," Fleming said.