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March 12, 2018 02:00 AM

New contract expands Lord's relationship with Boeing

Rubber & Plastics News Staff
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    Lord Corp.
    A look at one of Lord's cockpit control products.

    CARY, N.C.—Lord Corp. will develop and manufacture the auto throttle module for Boeing's 737 Max, now that the two have reached a multi-year agreement regarding production of the cockpit control.

    Financial terms of the agreement were not disclosed, but Lord hailed the agreement as the "biggest in the company's 94-year history."

    According to a news release, development of the cockpit control system will take several years, with production expected to begin in 2020 at Lord Electromechanical Solutions (formerly Fly-by-Wire France) facilities in Saint-Vallier, France, and in Cambridge Springs, Pa.

    Lord acquired Fly-by-Wire in 2016.

    The new contract with Boeing reflects Lord's acquisition strategy to develop electromechanical solutions for the aerospace and defense industry.

    A recent recipient of the Silver Boeing Performance Excellence Award, Lord has developed and manufactured several systems and components for a variety of commercial and military Boeing platforms.

    Lord is constructing a new manufacturing center in Pont de L'Isere, France, to enhance its service to Boeing and other customers while positioning the company for future growth.

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