Meggitt announces Chinese joint venture

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Meggitt, which specialises in high performance components for the aerospace, defence and selected energy markets, and Lufthansa Technik AG, a provider of maintenance, repair and overhaul (MRO) services, have signed an agreement for the provision of comprehensive component MRO services for commercial aircraft in mainland China.

Stewart Watson, President of Meggitt's Services & Support division, said: 'This is a long-term partnership for the fastest growing market in the world and combines Meggitt's OEM know- how with Lufthansa Technik MRO expertise. We have invested significantly in all our facilities across Asia as part of our global investment programme.

'Our ability to offer our Chinese customers an in-country capability will enhance the consistent, world-class levels of support we provide to our customers globally.'