Asco Industries Extends Partnership with Lockheed Martin
Zaventem, 25 January 2018 – Today Asco Industries hosted a ceremonial signing of a Memorandum of Agreement with Lockheed Martin to develop further long-term partnerships for the manufacture and assembly of high-precision components and machined parts.
Lockheed Martin has a long history of partnering with Asco in Canada in support of current F-35 production requirements. This makes Asco in Belgium a reliable partner to support the future demand of competitive precision machining and assembly of parts for the F35 program.
Christian Boas, Chief Executive Officer of Asco Industries, said:
“This Memorandum of Agreement marks another step of Asco’s continuous support to Lockheed Martin’s F-35 programs across our different entities worldwide. The signature of this Memorandum of Agreement could not only bring significant additional work to our facility in Zaventem, but could also improve our expertise and know-how as a leading machined parts and assemblies provider”.
Gregory Day, F-35 Belgium Business Development from Lockheed Martin Aeronautics stated:
“Lockheed Martin is very excited to strengthen its collaboration with Asco Industries in Belgium and to mutually explore new manufacturing techniques and processes that will further develop Asco as a best value provider, as well as growing our presence in multiple key markets”.
Asco Industries and Lockheed Martin had already strengthened their collaboration 3 months ago as well, after Fokker Technologies, a business of GKN Aerospace, had awarded a contract to Asco Industries for the supply of Flaperon Spars for Lockheed Martin’s F-35 Lightning II.
Representatives who participated in the signing are Christian Boas, CEO of Asco Industries, and Gregory Day, F-35 Belgium Business Development from Lockheed Martin, at Asco’s headquarters in Zaventem.
About Asco Industries
Asco Industries engages in the development, manufacture, treatment, and assembly of steel and titanium high precision components for the aerospace industry. The company offers flap actuation devices, slat actuation systems, engine & wing attachments, and landing gear components. The company was founded in 1954 and is headquartered in Zaventem; Asco operates from four locations, Belgium, Canada, US and Germany with over 1,500 employees and a turnover exceeding 450 million US-dollar. Asco produces over 3000 assemblies every month and has the ambition to be a world leader in design and manufacture of high lift devices, complex mechanical assemblies and major functional components for the aerospace industry.
ASCO selected by BOEING as long-term supplier of hard metal and aluminum structural aircraft components
Zaventem, Belgium, February 22, 2017 – ASCO, world leader in design and manufacturing of high-lift mechanism devices, complex mechanical assemblies and major functional parts for the aerospace industry, signed with Boeing a long-term contract for the production of hard metal and aluminum structural components and assemblies.
The agreement, for which ASCO has been selected as supplier until 2024, includes both the renewal of existing work on the 737 MAX, 747-8, 777 and 787 airplane platforms and also several new packages on the 777X airplane.
"ASCO has been delivering parts to Boeing for more than 20 years, we are honored to be recognized with this award and are fully committed to operational excellence to keep advancing this relationship" stated Kevin Russell, GM and VP Commercial Asco Aerospace Canada.
Laurent Canoen, Chief Commercial Officer of Asco further explained that this long term contract as well as the award of the new work on the 777X platform confirms the relevance of our strategic Development in North America. Parts will be produced in ASCO's Zaventem-Belgium, Delta-Canada and Stillwater-OK USA facilities.
ASCO, incorporated in 1954, is a proven technology specialist and supply chain integrator in design, development, precision machining, processing, certified assembly and MRO of complex high aircraft components. Headquartered in Zaventem Belgium, ASCO has four manufacturing plants in Belgium, the United States, Canada and Germany.
Today, the Asco Group employs 1,500 people. Its worldwide, 100% Aerospace customer base includes most aircraft manufacturers as well as many related Tier-1 suppliers.
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