July 29, 2016 7:05 PM ET

Aerospace and Defense

Company Overview of CTRM Aero Composites Sdn Bhd

Company Overview

CTRM Aero Composites Sdn Bhd manufactures and markets composites components for both aerospace and non-aerospace segments. The company offers aero structures including wing surface, aircraft over wing, under wing, fixed fairing, and moveable fairing. The company's clientele includes Spirit AeroSystems, Goodrich Aerostructures, Airbus UK, EADS CASA, SONACA SA, EADS MAS, GKN Aerospace Services, and BAE Systems Land System. CTRM Aero Composites Sdn Bhd was incorporated in 1994 and is based in Melaka, Malaysia. CTRM Aero Composites Sdn Bhd operates as a subsidiary of Composites Technology Research Malaysia Sdn. Bhd.

Composites Technology City

Batu Berendam

Melaka,  75350

Malaysia

Founded in 1994

Phone:

60 6 317 1007

Fax:

60 6 317 1000

Key Executives for CTRM Aero Composites Sdn Bhd

CTRM Aero Composites Sdn Bhd does not have any Key Executives recorded.

CTRM Aero Composites Sdn Bhd Key Developments

CTRM Aero Composites Sdn Bhd Secures 10 Years Contract Extension Worth MYR 320 Million Annually

CTRM Aero Composites Sdn Bhd (CTRM AC) has been awarded a 10-year contract extension from Spirit AeroSystems Inc. to supply aircraft composite components worth MYR 320 million in revenue contribution per year.

DRB-HICOM Berhad Announces Contract Amendments Between CTRM Aero Composites Sdn Bhd and Rohr, Inc., UTC Aerospace Systems Company

DRB-HICOM Berhad announced that its subsidiary, CTRM Aero Composites Sdn Bhd and Rohr Inc. a UTC Aerospace Systems ("UTAS") company have on October 7, 2015 entered into agreements to vary certain terms and conditions of the parties' existing agreements for the provision of certain aerospace products to UTAS. The existing agreements and the Contract Amendments relate to the supply by CTRM AC to UTAS of aft cascade rings, fan cowl and thrust reverser products, and related spare parts for use in the commercial aerospace industry. Due to the change in market conditions since the signing of the existing agreements in 2008 and 2009, UTAS and CTRM AC have agreed to the Contract Amendments which amongst other things will: Extend the term of the existing agreements to align with the contract period between UTAS and its customers on the supply of its production articles and related spare parts and revise pricing for the supply of parts and components taking into consideration, amongst other things, the increase in material and component costs, increase in contract hours and basis in computation of pricing.

CTRM Aero Composites Sdn Bhd Provides Revenue Guidance for 2015

CTRM Aero Composites Sdn Bhd expects to achieve up to 20% revenue growth for 2015 from MYR 680 million last year.

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