Contract wins worth millions

A UK manufacturer of precision aerospace components has secured a string of new multi-million-pound contracts just a few days after it was named as a King’s Award for Enterprise winner for International Trade. Arrowsmith Engineering (Coventry), which is part of the ASG Group, has sealed long-term agreements with ITP Spain, Incora and Rolls-Royce in the UK and Germany, delivering the company’s largest order book in its 57-year history.

The news marks what has been a strong export period for the business, with overseas sales rocketing by nearly 400% following the pandemic and accounting for 35% of the firm’s annual £8.3m turnover.Precision components manufactured in Coventry are sent to global customers in Brazil, China, France, Germany, Singapore and Spain for use in aerospace engines, landing gear and airframes.

For further information www.asg-group.co/arrowsmith