Deals provide engineering group with revenues for up to a decade
Manchester-based aerospace manufacturing conglomerate, ASG Group, said it has secured revenues for up to the next 10 years after signing significant Long-Term Agreements (LTAs).
The deals are with major aerospace OEMs (original equipment manufacturers), and were achieved through extensive cooperation, transparency, and consistent delivery on promises, said ASG, which added the LTAs mark a major milestone for the group and its manufacturing locations under the ASG Aerospace brand.
These businesses have been developing and nurturing relationships with industry stakeholders, leading to increased trust and significant long term commitments, it said.
ASG Group, known for its end-to-end manufacturing capability for aerospace flight controls, engine components, assemblies, and airframe components, serves an impressive client roster, including industry giants such as Airbus, Boeing, Collins, Eaton, Moog, Rolls-Royce and Spirit.
Group Managing Director, Simon Weston, said:”Securing these long term agreements is a significant validation of our strategic investments in advanced manufacturing capabilities and our relentless focus on quality and precision.
“These LTAs ensure robust revenue streams for the next decade, allowing us to continue our ambitious growth plans.”
He added: “Our commitment to fostering strong, transparent relationships with our clients has been instrumental in this success, and we are excited about the opportunities these agreements will bring.”
ASG Group boasts operations in eight locations across the UK and Germany.
Last month it announced its largest group order book at the Farnborough Air Show.
