TIDMMGGT

RNS Number : 3990E

Meggitt PLC

28 February 2020

28 February 2020

Meggitt PLC awarded $73-million dollar contract by Bell Textron Inc for the supply of composite ice protection components to the V-22 Osprey

Meggitt PLC, a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets, has signed a contract with Bell Textron Inc for an estimated value of $73 million to supply composite de-icing propeller rotor blankets, heated spinners, fairings and pendulums to the Bell Boeing V-22 Osprey. The contract is valid for five years.

The V-22 Osprey is a unique military platform designed to combine the functionality of a conventional helicopter with the long-range, high-speed cruise performance of a turboprop aircraft. Meggitt's electro-thermal ice protection components are constructed from composite material with embedded thermal technology.

Tony Wood, Chief Executive, Meggitt said, "The Osprey is an iconic platform and we are grateful for the trust that Bell has once again placed in Meggitt to provide composite solutions that greatly enhance flight safety, efficiency and performance."

ENDS

For further information, please contact:

Kathryn Moss

Group Director of Communications

Meggitt PLC

Tel: +44 (0) 7464 677987

Email: press.office@meggitt.com

Nick Hasell, Managing Director

Dwight Burden, Managing Director

Alex Le May, Managing Director

FTI Consulting

Tel: +44 203 727 1340

About Meggitt PLC

Headquartered in the United Kingdom, this international group operates in North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy. Meggitt employs more than 12,000 people at over 40 manufacturing facilities and regional offices worldwide.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

February 28, 2020 02:00 ET (07:00 GMT)

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