Ontic signs license agreement with a UK-based OEM

Lauren Eldershaw
By Lauren Eldershaw February 14, 2019 12:08

Ontic signs license agreement with a UK-based OEM

Ontic, a BBA Aviation company and provider of ‘Extended Life Solutions’ for Original Equipment Manufacturer (OEM) legacy products, has signed a new exclusive license agreement with a UK based OEM for engine pressure transmitters, fuel flow transmitters and fluid monitoring chip detectors.

These products are fitted on engines that include CF6 / PT6 / T700 and platforms that include Boeing 747, 757, 767; Airbus A300, A330; Pilatus PC-21, PC-9; King Air and Bombardier CRJ900. Under the terms of the agreement Ontic will now be responsible for all continuing Part 21 new build manufacturing as well as comprehensive Part 145 repairs and spares support for the global customers of this large installed-base.

Gareth Hall, President of Ontic, said: “Ontic is pleased to add these products to our portfolio and having them benefit from the Extended Life Solutions we provide. This license of product families in particular highlights Ontic’s capability to strategically assist OEMs with the ongoing support of their non-core products, allowing the OEM to progress and concentrate on their strategic priorities.”

This new license for Ontic continues the momentum from 2018 which saw the signing of four licenses with various OEM partners. Ontic will support these product families from its Chatsworth, California, facility.

Ontic’s global legacy focus is supported by manufacturing and MRO facilities in Chatsworth, California; Creedmoor, North Carolina; Plainview, New York; Cheltenham in the United Kingdom; and in Singapore.

Lauren Eldershaw
By Lauren Eldershaw February 14, 2019 12:08