on FIGEAC AERO (EPA:FGA)
FIGEAC AÉRO North America Secures $8 Million Contract with Bombardier
FIGEAC AÉRO, a key partner for major aerospace firms, announced a significant contract win for its North American subsidiary. The company has been awarded an $8 million contract by Bombardier to supply tailplane skins for its Global 7500 and Challenger 350 business jets.
This contract emphasizes FIGEAC AÉRO North America’s expertise in manufacturing metal skins for vertical stabilizers, crucial for aircraft stability. The contract involves metal forming and surface treatment, core strengths of the subsidiary, and aligns with existing production capabilities.
This development highlights North America as a strategic geography in the company's PILOT 28 plan. With 35% of new business sourced from North American subsidiaries, FIGEAC AÉRO is on track to meet its revenue targets.
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