TORONTO, June 05, 2024 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) today announced the award of a contract valued at approximately $17 million CAD to supply cutting-edge cockpit interface assemblies for the display suite on COMAC’s C919 aircraft. The period of performance for this contract extends from the second half of 2024 through to the third quarter of 2026. The contract to FTG comes from Shanghai Avionics Company Ltd (SAVIC).
Production will take place at FTG’s manufacturing facilities in Toronto, Canada, and Tianjin, China. Production will start in Toronto and transition to Tianjin during the contract period.
Peter Dimopoulos, Vice President of Business Development at FTG, expressed his enthusiasm for this award, stating, “Securing this contract is a significant milestone for FTG. We are proud to have successfully completed the rigorous development and certification process of our products, to contribute to the success of COMAC’s C919 single aisle aircraft, and to growing our Tianjin operations.”
FTG’s extensive expertise and innovation in high reliability cockpit control products and sub-systems have made it a trusted partner in the aerospace and defense markets. This contract further solidifies FTG’s position as a leader in delivering advanced, reliable avionic solutions that meet the evolving needs of …
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