Meggitt secures A320neo engine component deals

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UK aerospace manufacturer Meggitt is to supply components for both powerplants selected to re-engine the Airbus A320.

It will provide parts for Hamilton Sundstrand thermal management packages on the Pratt & Whitney geared turbofan - which, along with the A320neo, will also power the Bombardier CSeries and Mitsubishi Regional Jet.

Meggitt said the contract, covering valves, coolant pumps, oil coolers and heat exchangers, will be worth around $1 billion over its expected life.

The company is also to provide sensors for the CFM International Leap-1A powerplant for the A320neo, as well as the Leap-1C for the Chinese-built Comac C919.

Meggitt values this contract at over $200 million. The company will provide sensors to measure vibration, shaft speeds and critical temperatures.

"These contract wins are on highly innovative engines for equally innovative aircraft, attracting multiple orders," says Meggitt chief Terry Twigger.