Manchester-based aerospace manufacturing conglomerate, ASG Group, has recently solidified significant Long-Term Agreements (LTAs) with major aerospace Original Equipment Manufacturers (OEMs), ensuring the group’s revenue stability for the next 5 to 10 years.
These long-term contracts, emblematic of ASG Group’s steadfast commitment to trust, collaboration, and technological excellence, were the result of extensive cooperation, transparency, and consistent fulfillment of promises.
The LTAs represent a pivotal milestone for ASG Group and its aerospace manufacturing units under the ‘ASG Aerospace’ umbrella. By actively nurturing relationships with industry stakeholders, these businesses have fostered trust and garnered substantial long-term commitments.
ASG Group, a key player in the aerospace industry known for its comprehensive manufacturing capabilities in flight controls, engine components, assemblies, and airframe components, serves a prestigious clientele that includes prominent names like Airbus, Boeing, Collins, Eaton, Moog, Rolls-Royce, and Spirit.
Simon Weston, the Group managing director, emphasized the strategic significance of these agreements, stating, “The successful acquisition of these long-term agreements validates our investments in advanced manufacturing capabilities and unwavering focus on precision and quality. These contracts guarantee stable revenue streams for the next decade, enabling us to pursue our ambitious growth strategies. Our dedication to cultivating transparent and robust client relationships has been instrumental in this achievement, and we eagerly anticipate the opportunities that these agreements will unlock.”
Jason Aldridge, managing director of ASG Arrowsmith, highlighted the importance of trust in securing these LTAs, stating, “Our ability to secure these long-term agreements is rooted in the trust we have meticulously built with our clients over the years. By consistently delivering superior products and maintaining open lines of communication, we have strengthened our partnerships. This collaborative ethos has been pivotal in securing these agreements, which will fuel our future growth and stability.”
Simon Kirkman, managing director of AMF Engineering, underscored the collaborative efforts that led to these milestones, stating, “The long-term agreements are a testament to years of dedicated effort, trust-building, and collaboration with our industry partners. Our consistent delivery of high-quality, precision-engineered components has cemented our reputation and ensured these enduring commitments. The entire ASG Aerospace team has played a vital role in this success.”
Attendees at this year’s Farnborough International Airshow (FIA 2024) will have the opportunity to engage with ASG Group’s leadership and gain insights into the company’s advanced manufacturing capabilities and investments that have propelled its success. ASG Group will showcase its robust quality management system, digital and physical asset twinning across sites, and the latest advancements in automation and machinery.
With operations spanning eight locations in the UK and Germany, ASG Group specializes in the production of flight control assemblies, engine components, assemblies, and airframe components. The company’s commitment to delivering top-quality products and services is underpinned by stringent quality management protocols and a continuous investment in cutting-edge technology.
The announcement of these substantial LTAs not only underscores ASG Group’s remarkable growth but also reaffirms its pivotal role in shaping the future landscape of aerospace manufacturing. As the company continues to expand its capabilities and client base, its steadfast commitment to innovation, quality, and excellence positions it as a leader in the aerospace industry.