GKN Gains $400M Follow on Order for the C-130J Nacelle

(April 29, 2008) -- GKN Aerospace has gained a further follow on contract from Lockheed Martin to supply the integrated nacelle for the C-130J aircraft. This $400m, 5 year contract brings the total value of GKN Aerospace work on the C-103J to over $800m, and takes the Company's contribution to the programme into its 20th year.

Marcus Bryson, Chief Executive Officer, GKN Aerospace comments: "This latest contract reflects our total and ongoing commitment to Lockheed Martin and the C-130J programme.

As a result of a team effort at GKN Aerospace and along our entire supply chain we have been able to offer Lockheed Martin improved efficiencies and even greater cost effectiveness in this package of work for the next 5 years. We are now approaching delivery of our 700th nacelle for this highly successful aircraft and expect to be nearing double that number by 2013."

Source : GKN Aerospace

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