Hampson wins record $53 million tooling order

The contract, which is the largest ever and most complex single tooling contract secured by Hampson, is in respect of the design and manufacture of lightweight mandrel tools for carbon fibre lay-up for a major commercial aerospace programme.

The contract value is expected to be realised over a twelve month period, commencing immediately and is not expected to require significant capital investment. Work will be undertaken at the Group's recently enlarged, California-based, Coast Composites and Composites Horizons facilities as well as at Detroit-based, Odyssey Industries.

Hampson's chairman, Chris Geoghegan, commented: “We are delighted to have secured this high value tooling contract after some months of delays in the conversion of our strong quote pipeline into firm orders. This latest win reflects Hampson's ability to provide a fully-integrated, one-stop technology solution in light-weight, precision tooling. This involves not only the lay-up of large, high temperature, very tight tolerance composite structures but also the deployment of high speed machining capacity and specialist fabrication expertise across three of our North American facilities.

“This contract follows many months of outstanding work by our people against a challenging market backdrop. It attests to the strength and depth of our technical capabilities in advanced composite materials and our ability to offer our global customers a unique value proposition using the latest available material and tooling technology.”

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