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IN BRIEF: Senior wins $80 million deal for Boeing and Airbus parts

ALN

Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace & defence, land vehicle, and power & energy customers - Wins contracts with Collins Aerospace, part of New York-listed RTX Corp, worth about $80 million over 10 years. Senior Aerospace will make thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft. Deliveries for the Boeing planes began in January, and they will begin for the Airbus planes in January 2025. The components will be made at Senior Aerospace’s Jet Products factory near San Diego, California.

Current stock price: 161.80 pence, up 2.3% in London on Tuesday

12-month change: down 3.9%

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