10-Year Contract to Provide Turbine Exhaust Cases Extended
Air Industries Group's Sterling Engineering subsidiary has been awarded a long term agreement to deliver Turbine Exhaust Case parts for the Pratt & Whitney PW-4000 jet engine in a contract extension expected to generate over $6 million in its lifetime.
The PW-4000 is popularly used on the A-330 and Boeing 777, and the Sterling TEC is a vital piece of its safety. The 5' wide nozzle is vital to the high stress, high speed environment inherent to turbine engines. Sterling's performance in the contract thus far has allowed them to build a deep body of experience over the last 10 years of continuous production. The company offers the gamut of complex jet engine and helicopter components as well as those required for large industrial gas and steam turbines. The outfit offers 5-axis milling and turning up to 120 inches in their Connecticut base. Their inclusion in the Air Industries group allows for a wider engineering and technical base, whether projects require testing, manufacturing, or design under the subsidiaries' shared management team.
Air Industries CEO Lou Melluzzo informed investors of the successful move to create enduring relationships with clients. “One of the key corporate objectives at Sterling Engineering is to transition a larger percentage of the product mix into long term agreements. Extending this Exhaust Case component for the “life of the program” confirms our customer’s confidence that we can produce it competitively and meet their delivery requirements. This award, together with the LTA for the CH-53K helicopter that we announced on October 13th of last year, furthers our progress with the transition of Sterling Engineering’s business.”
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