Stork Aerospace receives significant order

Stork Aerospace has received a significant order for the design and build of structure parts for a leading manufacturer. Depending on the sales success of the airplane, revenues could total approximately US $ 600 million. The order requires non-recurring investments of around US $ 56 million. First revenues are expected in 5 years after the start of the design of the required parts. An annual turnover for Stork of US $ 60 million is expected. For commercially confidential reasons, at this stage no details can be revealed as to the name of the manufacturer or the aircraft for which the work will be performed. Stork Aerospace develops and produces advanced components and systems for the aviation and aerospace industry, and supplies integrated services and products to aircraft owners and operators. The group achieved a turnover of ¤ 549 million in 2006 with 3.532 employees out of the total Stork turnover of ¤ 2 billion. Press information: Stork N.V. Dick Kors Tel.: +31 (0) 35 - 695 75 75