New Rolls-Royce contract boosts Martin Aerospace

Posted on 19 Jan 2019 and read 571 times
New Rolls-Royce contract boosts Martin AerospaceLanarkshire-based Martin Aerospace has secured a new long-term agreement (LTA) with Rolls-Royce.

The company makes precision parts for aeroplanes, helicopters and spacecraft; it struck the three-year agreement with Rolls-Royce after UK Steel Enterprise (UKSE) helped it to acquire new equipment, including five-axis CNC machines that have improved its productivity.

Martin Aerospace (www.martinaerospace.com) was founded 25 years ago and supplies thousands of machined components — such as engine fastenings, crankshafts and complex assemblies — to the aerospace market.

After installing the new equipment, it embarked on a rapid expansion programme that saw a 22% increase in its workforce. It now employs 80 people, including apprentices.

Lorna Gourlay, finance director, said: “We have a long-standing relationship with Rolls-Royce.

“The new LTA recognises our energy and commitment to our customers, and it aligns well with our business strategy of increasing our turnover to £20 million within the next five years.

“Without the continued help from UKSE, we would have been unable to support the rapid expansion; having its backing has been paramount to our growth.”

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