Continuing growth in the global aerospace has landed ANT Industries £25m worth of business over the next five years.
ANT Industries makes 36,000 aero-engine parts a year and the Atherstone-based company will now supply engine components to support six new civil engine programmes for a global Spanish aerospace manufacturer.
The six programmes include providing parts for the Boeing 787 Dreamliner’s Trent 1000 engine, while another is for a PW815 engine for 100 seater aircraft.
The deal initially came about at last year’s Farnborough Airshow where ANT Industries shared a stand with the Coventry and Warwickshire Aerospace Forum (CWAF).
Shaun Rowley, managing director of ANT Industries, said: “This is a significant deal for our business and will secure jobs in both our business and our supply chain.
“We have made substantial investments in capital equipment and in research and development to give us a competitive advantage, which has undoubtedly helped us to win this order.
“We operate in the high value added end of the market where some of our manufactured parts can take up to 30 man hours to complete. This deal will enable us to grow the business further and enables even more investment in new technologies and in our people.”
ANT Industries are members of CWAF, and forum chairman Jason Aldridge believes the deal is a real boost for the Midlands.
“CWAF is all about identifying opportunities to support our niche aerospace firms in the Midlands, so we are hopeful that deals of this type will open the door to other opportunities for our other members,” he said.