Pietro Rosa TBM Signs a 10 Year Agreement with MTU Aero Engines to Supply Over Half a Million Precision Forged Airfoils for Geared Turbofan (GTF) Engine Programs
2.3.2020 21:51:00 CET | Business Wire | Press release
Pietro Rosa TBM is proud to announce that it has signed a 10 year long-term agreement with MTU Aero Engines to supply over half a million precision forged airfoils for the PW1100G-JM and PW1400G-JM series of high bi-pass Geared Turbofan (GTF) engines for use in Airbus A320neo and in Irkut MS-21 family of aircraft.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200302005953/en/
Top left - Holger Auer, MTU Dir Procurement Airfoils, Top Right - Francesco Parisi, Pietro Rosa Group CFO, Bottom left - Uwe Böhm, MTU Snr VP Procurement & Logistics, Bottom right - Mauro Fioretti, Pietro Rosa Group President and CEO (Photo: Business Wire)
The agreement cements the relationship between MTU Aero Engines and Pietro Rosa TBM and underpins the collaboration between the two companies, leveraging on the respective strengths and building on the high technical proficiency of the partners.
This LTA encompasses the development of an innovative integrated precision forging cell along with a completely enclosed, fully automatic machining and finishing cell that includes all destructive and non-destructive testing.
The development of high-volume production methodology began two years ago and is already achieving consistent results.
Pietro Rosa TBM Group adds another milestone in its journey to develop its extensive engineering capabilities and the vertical integration of advanced technologies.
Mauro Fioretti, President and CEO of the Pietro Rosa TBM Group, stated:
“We feel honored to have been selected by MTU Aero Engines for this long-term agreement, which further demonstrates their trust in our ability to deliver excellence and underpins our strategy of building long-lasting business partnerships based on technology and quality with the world’s leading aero engine manufacturers.”
Uwe Böhm, Senior Vice President Procurement & Logistics, stated:
“Pietro Rosa TBM has proven to be a reliable partner for MTU Aero Engines during various projects over the recent years, both through excellent technical capabilities and outstanding customer orientation. Based on this strong and trustful partnership, we are looking forward to creating a critical supply chain within Europe in order to support our most important engine program. We have strong belief, Pietro Rosa’s highly dedicated team will fulfill this very demanding project to our full satisfaction.”
About MTU
MTU Aero Engines is Germany’s leading engine manufacturer and an established global player in the industry. The company engages in the design, development, manufacture, marketing and support of commercial and military aircraft engines in all thrust and power categories and stationary gas turbines. Operating affiliates all over the world, MTU has a local presence in major regions and markets.
About Pietro Rosa TBM
Pietro Rosa TBM is a leading manufacturer of compressor airfoils and mission-critical components in the energy, aerospace, oil & gas and marine markets.
The group invests heavily in R&D and innovation and has built up its intellectual property in hot forming, machining, and surface finishing technologies through a solid collaboration with universities and research centers globally. Pietro Rosa TBM has plants in Europe and the USA.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200302005953/en/
Contact information
Pietro Rosa TBM
Pietro Rosa Group Media
Clive Cunliffe
media@pietrorosacorporate.com
Or Tel +1-202-587-5786
Fax +1-202-587-5610
About Business Wire
Business Wire(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo