TI Group’s joint venture in aircraft landing gear, Messier-Dowty, will announce a contract with a leading business jet manufacturer at the Paris air show which starts on Saturday.
The contract is part of £500m worth of new orders lined up for the Dowty aerospace business in the next few years. It will bring substantial work for TI’s Gloucester factory, its main UK aerospace manufacturing site. Messier-Dowty, a 50:50 joint venture with French-owned Snecma, already supplies a fully integrated landing gear system to Bombardier’s Global Express executive jet, which had its first flight last year.
After flat demand for military orders last year, the joint venture is now enjoying the upturn in civil aircraft markets. About 40% of its sales are driven by orders from Airbus. It is also a supplier to Boeing.
To take advantage of growth opportunities in aerospace, TI is appointing Geoff Smith deputy chief executive of the Dowty aerospace division. Smith has been with Dowty since 1968, and was latterly managing director of Messier-Dowty’s UK and North American operations.