ACTS signs long-term material and repair agreements with GE and CFM

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.