Ontic Concludes 2013 With Incredible Growth Through New License Agreements
Booth D63… Ontic, the aerospace industry’s leading provider of ‘Extended Life Solutions’ for OEM legacy products and systems, saw 2013 to be the most active licensing year in its 40 year licensing history.
Of the licenses granted to Ontic in 2013, six were with OEMs that included Curtiss-Wright, Safran Power Systems, and United Technologies Aerospace Systems (UTAS) with a total annual sales value in excess of $30M annually.
The licensed products cover a range of technology that includes Sophisticated Electronics such as Logic Modules, Smoke Detector Sensors, Power Supplies and Power Converters; Electro-Mechanical such as Fuel Quantity Indicators, Fans and Blowers, Motors and Actuators; Gas Turbine Starters and other Aircraft Accessories. The platforms supported cover a wide range of Commercial Transport, Military, Regional and Business platforms that include Sikorsky Blackhawk the Sukhoi Superjet 100, Boeing 747, 767, and B757, Aerostats and Blimps, Patriot and Aegis missile systems, CH-47 Chinook, AH64 Apache, F-15 Fighter, MD500, Challenger, CRJ 700/900, AV-8B Harrier II,737NG and C-130J.
All of the products will be transitioned via Ontic’s proven adoption process from the OEMs to Ontic facilities worldwide. Ontic will provide the customers with complete support including production and aftermarket manufacturing and MRO services.
Gareth Hall, President of Ontic, stated that “Ontic provides a critical service to the Aerospace Industry our Extended Life Solutions and our 2013 success continues to demonstrate the value of our business model to the OEMs and their customers. Partnering with OEMs on mature and non-core products helps them achieve key strategic objectives in a timely manner and provides assurance to the customers that these products are available for as long as the market requires them.”
Ontic’s global legacy focus is supported from manufacturing and MRO facilities in Chatsworth, California, Houston, Texas, Singapore, and Cheltenham in the United Kingdom.
Ontic is a wholly owned subsidiary of BBA Aviation plc, with over 50 years of aerospace product manufacturing and aftermarket support experience. Ontic has been licensed worldwide manufacturing rights from Honeywell, Hamilton Sundstrand, Goodrich, Moog, Parker, Eaton and a number of other aerospace original equipment manufacturers.
BBA Aviation plc is a leading global aviation services and aftermarket support provider. BBA Aviation’s Flight Support businesses (Signature Flight Support and ASIG) provide specialist on-airport support services, including refuelling and ground handling, to the owners and operators of private, business, military and commercial aircraft. BBA Aviation’s Aftermarket Services businesses (Dallas Airmotive, Premier Turbines, H+S Aviation, International Turbine Service, W. H. Barrett Turbine Engine Company, International Governor Services, and Ontic) are focused on the repair and overhaul of gas turbine engines and the manufacture and service of aerospace components, sub-systems and systems. BBA Aviation group companies operate from more than 200 individual locations on five continents. For more information, please visit www.bbaaviation.com.
For more information, contact Robert Sadler at +1 818 725 2100 or via http://www.ontic.com