Partner Article
Leicestershire's Sigma Components lands £75m deal with Rolls-Royce
Sigma Components, the aerospace division of Nottingham-based Avingtrans PLC, has signed a ten year contract with Rolls-Royce, valued at more than £75m.
Sigma will supply pipe assemblies for a range of engine programmes including the rapidly growing Trent XWB variants fitted to the Airbus A350, which will be manufactured both in the UK and China.
The 10-year contract follows the successful completion of Leicestershire-based Sigma’s acquisition of Rolls-Royce’s internal pipe manufacturing businesses in Nuneaton (UK) and Xi’an (China) for £3.5m, which was announced on 29 January 2016.
Mark Johnson, Managing Director of Avingtrans’ aerospace division, said: “We’re delighted to have completed this deal, which cements our position on strategically important engine programmes and provides a platform for growth across our product range in key markets.
“The assemblies will be manufactured across our facilities in the UK and China, providing a springboard for further recruitment as programmes such as Trent XWB grow significantly in the coming years.”
Steve McQuillan, CEO of Avingtrans, said: “Sigma has developed a strong working relationship with Rolls-Royce since 2006, becoming a key delivery supplier in both home and emerging markets.
“Having recently expanded our capability in the UK and China, we are delighted with the trust that Rolls-Royce is placing in Sigma to deliver rigid pipes on key programmes.
“By delivering the contract across both our UK and Chinese operations, we can offer Rolls-Royce significantly improved commercial terms, combined with a confidence in the quality of components developed over many years.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline
AI matters, but people matter more