Press Release

EFW signs with Euro-Composite Supplier Contract of 80m U.S.D.

Elbe Flugzeugwerke GmbH (EFW), competence center for Airbus Aircraft Conversion (P2F) and for lightweight components, has signed a supplier contract with Euro-Composites S.A (EC), amounting to more than 80 million US Dollar.

This has secured EFW's supply for honeycomb products from EC as a long-term partner and supplier. EFW uses this material in the production of its lightweight aerospace products, for example floor panels, which are used in all Airbus aircraft, numbering more than 12,000. In addition, EFW also produces cargo lining and interior for the aerospace market as well as products for the transportation market at its production sites in Dresden and Kodersdorf.

Thanks to modern engineering and technologies, Euro-Composites ensures the foundation for EFW's top quality and excellent delivery performance. Jointly coordinated safety stocks and the efficient use of high-tech material form the basis for a stable supply chain for major customers such as Airbus, Diehl and, of course, EFW's freighter conversion operations.

"We are very pleased to take another step in our long-standing, close cooperation with Euro-Composites with this contract signing," says Jordi Boto, CEO EFW. "Longstanding cooperation based on trust pays off especially in turbulent times like today, where quality, delivery availability and cost efficiency are important elements of success. In addition, the cooperation also strengthens our joint innovation activities on honeycomb technologies for the aerospace industry."

"I am honored that Elbe Flugzeugwerke, a traditional, major customer of Euro-Composite, has placed a long-term order with us," said R.M. Alter, President, Chairman & CEO EC. "The order of over $80 million for the supply of honeycomb products for EFW's aerospace operations is by far the largest order we have received in our company's history of serving the aerospace industry for over three decades now."

honeycomb products

About

About EFW

Elbe Flugzeugwerke GmbH (EFW) combines various aviation and technology activities under one roof: development and production of fiber reinforced composite components for aircraft, conversion of passenger aircraft into freighters (P2F), MRO services for all Airbus aircraft, and engineering services within the scope of certification and approval. The company has a workforce of more than 2,000 employees, achieved revenues of approximately €250 million in 2021 and is on a sustainable growth path. EFW is an experienced industry expert with an impressive track record spanning three decades: over 5 million composite components produced, more than 200 freighter aircraft converted and numerous commercial and military aircraft maintained. Over 40 customers worldwide have operated EFW’s converted aircraft for well over 20 years, including the largest express air cargo companies in North America and Europe. Today, as a center of excellence for freighter conversions, EFW continues to expand the modern Airbus freighter family with the new A320P2F, A321P2F and A330P2F programs. EFW's shareholders are ST Engineering and Airbus. For more information, visit www.efw.aero.

About EC

The EURO-COMPOSITES® Group is a global player in the production of high-quality and sophisticated composite materials. The owner-operated company serves its customers from three production sites in Bitburg (DEU), Echternach (LUX) and Culpeper (USA) with a team of more than 1,000 employees. The mission of EURO-COMPOSITES® is to provide its customers with demand-driven and customized products on the requested deadline, including weight reductions without sacrificing strength and stiffness. The main markets of EURO-COMPOSITES® are civil and military aerospace, defense, as well as rail vehicles.A large number of EURO-COMPOSITES® products are based on honeycomb sandwich technology, manufactured to meet the highest demands and in the best quality. In this field EURO-COMPOSITES® is the world market leader. At its main location in Echternach, EURO-COMPOSITES® maintains its own research and development center ("Center of Excellence") on a production area of more than 60,000 m². EURO-COMPOSITES® develops technologies and products both for its own projects and on behalf of customers. For further information about EURO-COMPOSITES® please visit www.euro-composites.com.

Media Contact

Anke Lemke

Head of Communications
Elbe Flugzeugwerke GmbH

Tel:+49 351 8839 2516Email:anke.lemke@efw.aero