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
