on FIGEAC AERO (EPA:FGA)
FIGEAC AÉRO WINS TWO MAJOR CONTRACTS
FIGEAC AÉRO announces the signature of two contracts for civil single-aisle aircraft parts, with a total value of €90 million. These agreements support the modernization of fleets towards fuel-efficient aircraft, in line with the PILOT 28 plan.
These contracts concern the Airbus A220 and the Boeing 737 MAX. They will mobilize several FIGEAC AÉRO sites in France and abroad. The proximity to customers and the dedicated production organization illustrate the competitiveness of the company.
The duration of these contracts extends until 2032. Production ramp-ups are planned for the second half of 2024 and 2026. The implementation of an optimized industrial plan will make it possible to strengthen productivity and reduce costs.
By 2028, these contracts should generate €6 million annually, contributing significantly to the turnover objective of €80 to €100 million targeted by the PILOT 28 plan.
R. P.
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