Hampson wins composite-airframe deal

The aerospace tooling division of Hampson Industries has been awarded £18m to design and manufacture precision tools for composite-airframe structures.

According to the Brierley Hill-based company, the contract will start to contribute to revenue in the second half of the current financial year, with no additional capital expenditure required.

Hampson’s chief executive, Kim Ward, said: ‘Despite the previously announced delays in the placing of larger tooling orders by customers in recent months, this latest win, combined with the high value of our outstanding pipeline of quotations, reinforces our confidence in the potential for further new tooling work to be released over the coming months as several major new programmes reach design maturity and prepare for production.’