Contract Between Turbomeca (Safran) and SKF Aerospace

Turbomeca (Safran) and SKF Aerospace have signed today a contract covering a period of 10 years and for a value of approximately 90 million Euros. This contract concerns the supply of bearings, in particular for Turbomeca's newest engine, the Arrano*.

Olivier Andriès, Turbomeca Chairman & CEO, commented: "We are delighted to sign this contract with SKF which positions itself as a partner that combines operational performance and innovation. This contract is fully in line with the 'supplier transformation plan' launched last year. For Turbomeca it is a matter of identifying the key partners committed to a triple performance in terms of quality, costs and deadlines, involving them upstream in developments and engaging with them in the long term."

Stéphane Le Mounier, SKF Aerospace President, said: "This contract confirms SKF’s strategic commitment in the aeronautical industry. In an engine, bearings prevent rubbing between rotating and static components and, as such, wear. It is a key component in performance and SKF is proud of this new sign of confidence shown by Turbomeca”.

* The Arrano, a new 1,100 shp engine has been designed to equip four to six ton helicopters. Its first test run is expected in 2014.

SKF is the leading global supplier of products, solutions and services, for the markets of bearings, sealing solutions, mechatronics, lubricating systems and services. More information on www.skf.com.

Turbomeca (Safran) is the leading helicopter engine manufacturer, and has produced 70,000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,500 customers in 155 countries, Turbomeca provides a proximity service thanks to its 17 sites, 30 Certified Maintenance Centers, 18 Repair & Overhaul Centers, and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.