MB Aerospace is rolling in on a high at this year’s Dubai Air Show and is now under new ownership following a management buyout. And so far the company is enjoying a good year, having secured $80 million worth of contract extensions from Rolls-Royce.
“This has been an eventful year for everyone associated with MB Aerospace Holdings,” says chief executive Craig Gallagher. “We had enjoyed a remarkable journey under Motherwell Bridge, but I felt the time was right for MB Aerospace and MB Faber to come together and follow their own path within the aerospace and precision engineering sectors.”
The Rolls-Royce contract extensions are “a great addition to our future order book”, Gallagher adds. “These contracts, along with the five-year aftermarket contract we won in 2005 put us in an extremely healthy position and we can now look forward to continuing the development of our aero-engine supply chain.
“We’re currently implementing a sustained investment programme which will see us enhance our engineering resources and develop our skills base, however due to the performance of MB Aerospace and MB Faber, MB Aerospace Holdings Ltd has the advantage of already having a solid reputation with some of the leading players such as Boeing, Airbus and Rolls-Royce plc,” Gallagher says.
“This has been an eventful year for everyone associated with MB Aerospace Holdings,” says chief executive Craig Gallagher. “We had enjoyed a remarkable journey under Motherwell Bridge, but I felt the time was right for MB Aerospace and MB Faber to come together and follow their own path within the aerospace and precision engineering sectors.”
The Rolls-Royce contract extensions are “a great addition to our future order book”, Gallagher adds. “These contracts, along with the five-year aftermarket contract we won in 2005 put us in an extremely healthy position and we can now look forward to continuing the development of our aero-engine supply chain.
“We’re currently implementing a sustained investment programme which will see us enhance our engineering resources and develop our skills base, however due to the performance of MB Aerospace and MB Faber, MB Aerospace Holdings Ltd has the advantage of already having a solid reputation with some of the leading players such as Boeing, Airbus and Rolls-Royce plc,” Gallagher says.
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Source: Flight Daily News
