“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
IAE and Hamilton Sundstrand deal for accessory maintenance
IAE International Aero Engines and Hamilton Sundstrand have signed a seven-year extension to their current agreement for the sales and marketing of V2500 accessory maintenance services.
Under the agreement, Hamilton Sundstrand will be IAE’s exclusive partner for the delivery of these services.
“We are pleased to continue our relationship with Hamilton Sundstrand and to expand on an already successful partnership,” commented Bruce Blythe, IAE’s senior vice-president, aftermarket & commercial. “We have a strategy of partnering with market leading suppliers to provide a world class aftermarket service to our customers. This agreement will allow us to continue to offer our customers exceptional accessory and line replaceable unit (LRU) asset management services as an additional offering under our long-term IAE Aftermarket Services agreements.”
“Hamilton Sundstrand’s C.A.R.E. (comprehensive accessory repair and exchange) programme maintains V2500 engine accessories to the highest standards and, combined with our asset management solutions, provides customers a safe and reliable service at the lowest overall total cost of ownership,” said Matthew Bromberg, Hamilton Sundstrand vice-president and general manager, customer service.
The new agreement provides for a range of aftermarket services including repair and replacement of the full accessory suite on the V2500 engine, as well as tailored asset management support through shared asset pools and on-site consignment stocks.
Hamilton Sundstrand currently manages more than 1,000 engines under its C.A.R.E. programme,supporting more than 30 customers. Through its global network of repair vendors, Hamilton Sundstrand processes in excess of 11,000 accessory transactions per annum.
The 22,000-33,000 lb of thrust V2500 is available in seven different thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet. More than 6,000 V2500 engines are in service or on firm order.
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