Firth Rixson Limited and MTU Aero Engines Continue Two Long Term Agreements

SHEFFIELD, UK, and EAST HARTFORD, CT -- Firth Rixson Limited, a provider of highly engineered forged and specialty metal products, has reached agreement with MTU Aero Engines GmbH, the largest independent German aero engine and engine module manufacturer, to extend the commercial terms of two separate multi-year purchasing agreements signed by the Companies in 2004.

With this renewed agreement, Firth Rixson will continue to supply seamless rolled ring forgings and welded rings to MTU through 2014 and 2015, respectively. The agreements span 80 part numbers, which will be supplied from Firth Rixson's US and UK manufacturing facilities. The combined value of these agreements will be more than $23 million annually.

"The continuation of these agreements further demonstrates both MTU's confidence in Firth Rixson as a supply chain partner, and our relentless commitment to customer satisfaction through operational excellence," says David C. Mortimer, CEO of Firth Rixson.

For more information visit www.firthrixson.com.