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Senior PLC - New contract with Boeing

RNS Number : 2465W
Senior PLC
13 November 2017

Senior plc announces a new contract with Boeing

Senior plc ("Senior" or "the Group"), announced today that it has been awarded, through its Aerospace subsidiary STEICO Industries, Inc. ("Senior Aerospace Steico Industries" or "Steico"), a long-term supply contract from Boeing ("Boeing") to supply Oxygen and EBU tubes on Boeing's Next-Generation 737, 737 MAX, 747-8, 767, 767-2C, 777, 777X and P-8 platforms.  This new contract is expected to see up to 200,000 tubes delivered to Boeing as standard equipment on these aircraft.

Senior Aerospace Steico Industries will provide titanium, stainless steel, aluminium and inconel tubes.  This contract follows Steico's outstanding delivery and quality performance, which was recognised with a gold Boeing Performance Excellence Award earlier this year.  "We take great pride in this new Boeing contract, knowing that our unwavering commitment to quality and on time delivery continues to drive Steico's growth with our key customers," said Matt Sweaney, CEO of Senior Aerospace Steico Industries.

About Senior Aerospace Steico Industries

Steico is a leading manufacturer of precision tube and duct assemblies for the commercial and defence aerospace industries, located in Oceanside, California, USA.  Steico employs 215 people, operating from a state-of-the-art 112,000 sq.ft., vertically integrated facility.  Steico has established itself as a trusted manufacturing partner to major original equipment manufacturers (OEMs) and first tier suppliers in the aerospace industry.  Further information on Steico may be found at: www.steicoindustries.com 

About Senior

Senior is an international manufacturing group with operations in 14 countries.  It is listed on the main market of the London Stock Exchange (symbol SNR).  Senior designs, manufactures and markets high technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and energy markets.  Further information on Senior plc may be found at: www.seniorplc.com 

This information is provided by RNS
The company news service from the London Stock Exchange

Quick facts: Senior PLC

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Market: LSE
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