Hardide PLC Supplier Approval & Order for Leonardo Helicopters
October 27 2022 - 1:00AM
RNS Non-Regulatory
TIDMHDD
Hardide PLC
27 October 2022
REACH
27 October 2022
Hardide plc
("Hardide", "the Group" or "the Company")
Supplier Approval and First Orders for Leonardo Helicopters
Hardide, the developer and provider of advanced surface coating
technology, is pleased to announce that it has received full
supplier approval from Leonardo Helicopters ("Leonardo") for its
Hardide-A coating to coat flying parts, and the first production
order has been received for processing. Leonardo is one of the UK's
leading aerospace companies and one of the biggest suppliers of
defence and security equipment to the UK Ministry of Defence.
The first parts to be coated are components used in the gearbox
transmission systems of a particular class of helicopter and are
part of an existing aircraft upgrade. The Company expects the
approval to open up further opportunities within the Leonardo
Group, based in Italy.
The Hardide-A coating was developed to meet the needs of the
aerospace industry as an environmentally compliant alternative to
Hard Chrome Plating. It has been qualified by several aerospace
customers including Airbus, Lockheed Martin and Triumph Group.
Philip Kirkham, CEO, commented: "We are delighted to have
secured approval from Leonardo Helicopters to coat flying parts
after more than seven years of extensive testing of the coating.
The first components have been received for processing and we look
forward to a long and productive relationship with the Leonardo
Group."
Enquiries:
Hardide plc
Philip Kirkham, CEO Tel: +44 (0) 1869 353
Jackie Heddle, Communications Manager 830
IFC Advisory Tel: +44 (0) 20 3934
Graham Herring 6630
Tim Metcalfe
Florence Chandler
finnCap - Nominated Adviser and Joint Broker Tel: +44 (0) 2072 200
Henrik Persson/ Abigail Kelly (Corporate 500
finance)
Barney Hayward (ECM/Broking)
Allenby Capital - Joint Broker Tel: +44 (0) 20 3328
Tony Quirke - Sales and Corporate Broking 5656
Jeremy Porter/ Freddie Wooding - Corporate
Finance
Notes to editors:
www.hardide.com
Hardide develops, manufactures and applies advanced technology
tungsten carbide/tungsten metal matrix coatings to a wide range of
engineering components. Its patented technology is unique in
combining in one material, a mix of toughness and resistance to
abrasion, erosion and corrosion; together with the ability to coat
accurately interior surfaces and complex geometries. The material
is proven to offer dramatic improvements in component life,
particularly when applied to components that operate in very
aggressive environments. This results in cost savings through
reduced downtime and increased operational efficiency. Customers
include leading companies operating in the energy sectors, valve
and pump manufacturing, industrial gas turbine, precision
engineering and aerospace industries.
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END
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