Hexcel announces contract amendments and extensions with Airbus Group

Hexcel has announced that two key contracts to supply advanced composites to Airbus Group have been amended. Hexcel expects these contracts to generate total sales of $15 billion for the duration of the contract. The existing contract relating to Hexcel products supplied for commercial aircraft, helicopters, space and military programs has been amended. Specific commercial programs covered include the A350XWB secondary structures, A380, the A320 and A330 family, and ATR commercial aircraft. The NH90, Tiger and EC135 helicopter programs are also included, as are the A400M military transporter and Ariane launch vehicle. Hexcel supplies a wide range of composite materials