ACTS announced the signing of a 10 year OnPointSM solutions agreement with GE for material to repair CF34 engines, and a landmark 10 year materials agreement with CFM International (CFM) for the repair and overhaul of the CFM56-2, CFM56-3, CFM56-5A, CFM56-5B and CFM56-5C engines. Worth an estimated $2.5 billion, both agreements cover all life limited and non-life limited parts, as well as component repair and used materials for the GE and CFM engines that ACTS repairs.
Up to 26,000 jobs secured in Spain until 2060 with latest Eurofighter contracts
A recent study by Pricewaterhouse Coopers (PWC) shows clear indications that two Eurofighter programme contracts will secure up to 26,000 jobs in Spain. The study was funded by Airbus and took six months to complete. The report focuses on the economic impact of the ‘Halcon’ and ‘Quadriga’ contracts which are relevant to Spain. The report