The latest update is out from Figeac Aero SA ( (FR:FGA) ).
FIGEAC AÉRO has signed a new partnership with Spirit Aerosystems to provide surface treatment services for aluminum panels used in the Boeing 737 MAX, thereby increasing its exposure to this aircraft. This development strengthens its strategic position in North America and supports its growth objectives, with anticipated revenue exceeding €1.4M annually and significant progress towards securing 40% of its revenue target from new contracts by March 2028.
More about Figeac Aero SA
FIGEAC AÉRO Group is a key partner in the aerospace industry, specializing in the production of structural parts made from lightweight alloys and hard metals, as well as engine parts, landing gears, and sub-assemblies. The company operates internationally with a presence in France, the United States, Morocco, Mexico, Romania, and Tunisia, and recorded annual revenue of €397.2M as of March 31, 2024.
YTD Price Performance: 28.81%
Average Trading Volume: 232
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €317.1M
For detailed information about FGA stock, go to TipRanks’ Stock Analysis page.