LORD CORP WINS BIGGEST CONTRACT IN COMPANY’S HISTORY
LORD Corporation, a global diversified technology and manufacturing company, will develop and manufacture the auto throttle module for Boeing’s 737 MAX. The cockpit control will be designed and produced at LORD Electromechanical Solutions (formerly Fly-by-Wire France) facilities in Saint-Vallier, France and in Cambridge Springs, Pennsylvania, USA.
This new multi-year contract reflects LORD’s acquisition strategy to develop innovative electromechanical solutions to provide long-term value for the aerospace & defense industry. LORD acquired Fly-by-Wire in 2016. The development of the cockpit control systems will take place over the next few years with production beginning in 2020.
“We are pleased to embark on this monumental journey with Boeing,” said Ed Auslander, LORD President and CEO. “The success of Boeing’s 737 MAX, coupled with LORD’s proven history in providing solutions for mission-critical applications, represents tremendous opportunities for the future of flight.”
“Our long-term relationship with LORD is taking on a new dimension as they join a large family of suppliers that are contributing to the success of the 737 MAX,” said Jean-Marc Fron, Managing Director of Boeing France. “We are pleased with this opportunity for growth in activity of our supply base in France with a company such as LORD Electromechanical Solutions.
LORD is currently constructing a new, state-of-the-art manufacturing center in Pont de L’lsère, France to optimize and enhance its service to Boeing and other customers, while positioning LORD for future growth.