Extension to Exclusive Distributor Agreement Between Boeing and Ontic

10 mins

American aircraft manufacturer, Boeing, recently signed an extension to their exclusive thre...

Mane Aerospace Team

By Mane Aerospace Team

American aircraft manufacturer, Boeing, recently signed an extension to their exclusive three year distribution agreement with British OEM, Ontic. The new agreement now means that Boeing Distribution (previously known as Avial) is now the sole distributor of 600 actuation and control products, ranging across civil and military aircraft platforms.

Boeing are optimistic that the move will enable them to reinforce their position as leaders in the market, as the agreement is set to leverage their global network and platform-agnostic aftermarket capabilities. They’ll now be more able to support more markets and platforms, along with the Staverton product line, bringing more products to customers overall.

Boeing’s existing portfolio with Ontic is diverse and certainly impressive, comprising also of fuel controls, memory wheel device, interior electronic and wipers products lines and business and general aviation (BA/ GA) displays- all parts which customers around the globe regularly rely on in order to carry out day-to-day operations successfully.

In total, more than 15 million parts, services and solutions are contained within the new agreement, with the ability to offer customised solutions that will cut down on cost, risk and complications for customers across the globe. And with more than 20, 000 defence, commercial and BA/ GAA customers benefiting from 24/7 access to online parts and supplies across more than 150 countries, Boeing hopes that more than ever will benefit from the extended arrangement.

The expectations are to be able to cut down on lead times overall, with Ontic’s overall aim being to improve customer experience and to make investment in ongoing sustainment a focal point. The company also aims for a seamless migration of their recent Triumph acquisition in Staverton too.

Boeing’s aims are similar, with a view to ensure that their parts and distributions services are equipped to enhance operational excellence over the entire range of customers’ production and aftermarket environments- from a much simplified supply chain, all the way to a  global network with localised support when it’s needed. And as a leading exporter to the US, Boeing also plans to utilise its access to a global supplier base- with plans to forge ahead with sustainability and community impact.

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