Press release article from our research archive:

Hexcel to Supply Carbon Fiber Composites for Airbus A350 XWB Primary Structures.

Contract Valued at $4 - $5 Billion over its term

STAMFORD, Conn. -- Hexcel Corporation (NYSE: HXL) today announced that it has been awarded a contract to supply carbon fiber composite materials for major primary structures of the Airbus long-range wide-body A350 XWB aircraft. The award covers the entire family of A350 XWB aircraft through 2025. In the coming months, as the A350 XWB design is finalized, Hexcel and Airbus have agreed to complete the final specification and qualification of Hexcel's materials for the selected primary structures. Hexcel expects the award to generate revenues of $4-5 billion over the life of the contract. In addition to the award for primary ...

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