Firth Rixson and MTU Aero Engines extend two long term agreements

Firth Rixson Limited, a major provider of highly engineered forged and specialty metal products, has reached agreement with MTU Aero Engines GmbH to extend the commercial terms of two separate multi-year purchasing agreements signed by the Companies in 2004. With this renewed agreement, Firth Rixson will continue to supply seamless rolled ring forgings, and welded rings, to MTU through 2014 and 2015, respectively. The agreements span 80 part numbers, which will be supplied from Firth Rixson’s US and UK manufacturing facilities. The combined value of these agreements will be more than $23 million, annually.