Firm lands winglet deal with aerospace giant GKN
Aerospace giant GKN Aerospace, which makes parts for Airbus, has placed its first direct contract with a Northern Ireland company.
Moyola Precision Engineering is to manufacture machined metal components for the advanced winglet that GKN is supplying for Bombardier's Global 7000/8000 ultra-long range business jet.
The jet is part-made at Bombardier Aerospace's plant in east Belfast, as part of an industry which contributes £1bn to the economy here.
GKN, which came 40th in this years Top 100 Aerospace Company poll from business advisory firm PricewaterhouseCoopers, said the deal came about thanks to support from Invest NI and ADS, the trade body for aerospace, defence, security and space companies in Northern Ireland.
Approximately 48,000 people work in GKN companies and joint ventures in more than 30 countries, spanning commercial, military, business aerospace and space markets.
Moyola manufactures aluminium and hard metal components, and already supplies a number of major aerospace companies.
Rob Soen, senior vice president of supply chain management with GKN Aerospace said that the company plans to do more business in the UK and Northern Ireland.
He added: "Moyola has shown real commitment, vision and energy throughout the discussions leading to this initial contract placement and we hope this relationship will grow over time."
Mark Semple, managing director of Moyola Precision Engineering said the firm was delighted to receive the direct order.
"We are working hard with them to develop in to a key strategic supplier going forward," he said.
"Some of the future opportunities with GKN Aerospace may require collaboration with other local like-minded companies and we are pleased with the support and advice from Invest NI in this endeavour."