SNR Senior Plc

11 June 2024

Senior plc announces multi-year contracts with Collins Aerospace - an RTX Business

Senior plc ("Senior"), an international manufacturer of high technology components and systems, today announces that it has been awarded various multi-year production contracts by Collins Aerospace ("Collins") for the supply of precision formed and machined thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft.  Deliveries commenced in January 2024 for Boeing and will commence January 2025 for Airbus.  The total value of contracts is approximately $80m over a 10-year period. 

Manufacturing is being undertaken at Senior Aerospace's Jet Products facility near San Diego, California, USA.

Commenting on the awards, Launie Fleming, CEO of Senior Aerospace, said: "We are delighted to have been awarded these new long-term contracts from Collins Aerospace for complex structural components across Airbus and Boeing platforms.  The awards are another great example of how our customers value Senior Aerospace's manufacturing expertise, quality and on-time delivery, and they will help to deliver further growth for Senior Aerospace's structures businesses over coming years."

About Senior Aerospace

Senior Aerospace provides high technology products and systems for demanding applications in the aerospace & defence and adjacent markets. Our product portfolio spans a wide range of fluid conveyance and thermal management components and sub-systems, as well as complex structural parts and assemblies, for fixed and rotary-wing aircraft, aero-engines, spacecraft, and a variety of other industrial applications. With a global footprint, Senior Aerospace manufactures proprietary design and build-to-print products for customers around the world that meet today's challenges and is actively engaged in developing products and capabilities for a low carbon sustainable future.

About Senior

Senior is a FTSE 250 international engineering and manufacturing Group with operations in 12 countries. It is listed on the main market of the London Stock Exchange (symbol SNR). Senior's Purpose is "we help engineer the transition to a sustainable world for the benefit of all our stakeholders". Senior designs and manufactures high technology components and systems for the principal original equipment producers in the worldwide aerospace & defence, land vehicle and power & energy markets. Further information on Senior plc may be found at: www.seniorplc.com

Further information

Bindi Foyle                              Group Finance Director                                  +44 (0) 1923 714 725

Tom Bindloss                          Head of Treasury and Interim IR                     +44 (0) 1923 714 743

Richard Webster-Smith          FGS Global                                                      +44 (0) 7796 708 551