Latécoère Interconnection Systems division, the world number 2 in onboard wiring, has been selected by Airbus Helicopters to supply the Cockpit Control Panels for its H175 helicopters.
Signed for an initial period of five years, the new contract is based on a production output of around 500 control panels per year, and includes the delivery of standard and customized panels depending on the final configuration chosen by the client. The first deliveries will be MADE beginning of 2018.
Yannick Assouad, Chief Executive Officer of Latécoère, said: "This contract won by the Interconnection Systems division is a product of the collaboration between Airbus and Latécoère which began in 2009 in the form of electrical engineering assignments. Slowly but surely, the close working ties developed between the teams over the years have led to the signing of this production agreement. Our demonstrated operational excellence is a guarantee of reliability for a client with very high expectations like Airbus. The contract is also the product of the strong sale drive to develop new markets which is one of the pillars of Latécoère Transformation 2020 plan."
Latécoère is a tier 1 partner to major international aircraft manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier), in all segments of the aeronautical market (commercial, regional, corporate and military aircraft), specializing in two fields:
- Aerostructures-Industrial (65% of total revenue): fuselage sections and doors.
- Interconnexion Systems (35% of total revenue): onboard wiring, electrical harnesses and avionics bays.
At 31 December 2016, Latécoère employed 4,338 people in 8 different countries.?Latécoère, a French corporation (société anonyme) with capital of €188,398,504 divided into 94,199,252 shares with a par value of €2 per share, is listed on Euronext Paris - Compartment B. ISIN codes: FR0000032278 - Reuters: LAEP.PA - Bloomberg: LAT.FP
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