2010
Techspace Aero (Safran Group) signs technological cooperation agreement on two new engine programs
Today’s agreement signed between Techspace Aero and GE Aviation at the Farnborough Air Show concerns a technological development programme for new-generation engines. These engines are the TechX intended for business jet aircraft, and the NG34 intended for regional jet aircraft. This first phase should subsequently open the way to Techspace Aero’s participation as a revenue sharing participant on these engine programs. Techspace Aero is associated with this programme in its specialities: the low-pressure compressor and the oil system equipment.
Besides traditional industrial capabilities, engine integrators and manufacturers are
looking for companies capable of offering them differentiating technologies so as to
give a competitive advantage to their future engine. Association with the engine
integrator and manufacturer from the R&T phase is an acknowledgement of Techspace
Aero’s technological expertise. It is the result of the strategy of developing Research,
Technologies and Development skills that have been implemented for over 10 years.
This is the fruit of significant investments by Techspace Aero, combined with financial
contributions from public authorities.
The TechX and NG34 engines are intended for long-range business aircraft and regional aircraft carrying approximately 100 passengers. Techspace Aero’s task is to provide its contribution to GE’s objectives for these engines. This will be reflected in Techspace Aero’s efforts to reduce the mass and to increasingly optimise aerodynamics.
The current contract concerns studies that will be spread over approximately 2 years and
might lead to a potential annual turnover of approximately € 100 million in the medium
term.
Techspace Aero is currently a participant on the forerunners to the NG34 (the CF34-10E
for the Embraer 190/195 and the CF34-10A for the Chinese Regional Aircraft ARJ21),
on the GEnx (B787 and B747-8), and GE90 (B777) as well as through Snecma on the
CFM56 (A320, A340, B737).
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Partner to the world’s major engine manufacturers, Techspace Aero designs, develops and produces modules, equipment and test benches for aeronautical and space engines. Thanks to its high-tech products, Techspace Aero contributes to the success of Airbus (A320, A330, A340, A380, A400M), Boeing (B737, B747, B767, B777, B787), Embraer (190) and many other aircraft. A SAFRAN Group company (F- 56% of capital), Techspace Aero’s other shareholders are the Walloon Region (B- 31 %), Pratt & Whitney (USA-11%) and the Federal Investment Company (B- 2%). The company achieved turnover of EUR 318 million in 2009, with a 1,200 strong workforce.
Joëlle Wathelet Tél +32 4 278 87 28 Fax +32 4 270 54 30 GSM +32 486 94 84 15 jwathele@techspace-aero.be
