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CTRM SEALS CONTRACTS WORTH OVER RM 1 BILLION WITH SPIRIT AEROSYSTEMS (EUROPE) LTD.

Langkawi, 2 December 2009: Composites Technology Research Malaysia Sdn Bhd (CTRM) secures contracts worth over RM 1 billion from Spirit AeroSystems (Europe) Ltd. Both parties sign the contract at Mahsuri International Exhibition Centre in Langkawi.

According to CTRM Chief Executive Officer, Datuk Rosdi Mahmud, the contracts are the result of the strategic alliance with Spirit, which was forged for nearly a decade ago. This alliance is valuable to CTRM in particular and to Malaysia as a whole. Spirit’s new facility in Subang is complementing the existing cooperation between the two companies.

Datuk Rosdi adds that the contracts are a combination of new and extension of the existing A320 and A321 contracts. The new contracts are for the manufacturing and supplying the wing composites components for Airbus A350XWB.

Other additional contracts are for the Single Aisle programme, which is to manufacture and supply Top Cover Panel for Airbus A320 and A321.

At the signing ceremony, Datuk Rosdi and En Burhanuddin Hilmi Mohamed, Chief Financial Officer, represents CTRM, while Mr Neil McManus, Vice President & Managing Director and Mr Francis Hiew, Managing Director Spirit AeroSystems (Malaysia) represents Spirit AeroSystems (Europe) Ltd. The YAB Prime Minister, Dato’ Sri Mohd Najib Tun Abdul Razak witnesses the signing ceremony.

 
 
 
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