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Figeac Aero SA ( (FR:FGA) ) has shared an announcement.
FIGEAC AÉRO North America has secured a significant contract with GKN Aerospace for the production of wing coverings for the Gulfstream G500 business jet, valued at over $5 million. This contract showcases FIGEAC AÉRO’s advanced manufacturing capabilities and solidifies its position as a responsive and trusted partner in the North American aerospace market. The agreement, which will generate $1 million in annual revenue over five years, is aligned with the company’s strategy for profitable growth and confidence in achieving its ambitious business target, PILOT 28.
More about Figeac Aero SA
The FIGEAC AÉRO Group is a key partner in the aerospace industry, specializing in the production of structural parts made from light alloys and hard metals, as well as engine parts, landing gear, and sub-assemblies. The company operates internationally with a presence in France, the United States, Morocco, Mexico, Romania, and Tunisia, and reported an annual revenue of €397.2 million as of March 31, 2024.
YTD Price Performance: 22.37%
Average Trading Volume: 117
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €301.5M
For detailed information about FGA stock, go to TipRanks’ Stock Analysis page.
