Firth Rixson and Techspace Aero Execute Multi Year Ring Agreement

SHEFFIELD, England and EAST HARTFORD, Conn., June 22, 2011 /PRNewswire/ -- Firth Rixson and Techspace Aero S.A. have signed a multi-year purchasing agreement valued at more than ~ $100 M today during the 49th International Paris Air Show. Under the terms of the agreement, Firth Rixson will supply Techspace Aero with forged rings and cases for multiple engine programs. The agreement with Techspace Aero, a major designer and producer of aero and space engine equipment and modules, will extend through 2015.

David C. Mortimer, CEO of Firth Rixson, commented, "Firth Rixson continues to build the operational excellence that creates competitive advantages and customer confidence within the Aero market. We are proud to extend our strong partnership with Techspace Aero into the future."

Note to Editors

Headquartered in Sheffield, UK, Firth Rixson serves customers worldwide in the Aerospace market sector, and provides forgings and metal products to industries requiring highly engineered material applications. Firth Rixson owns 12 operating facilities in North America, Europe and Asia.

Firth Rixson Limited (www.firthrixson.com) is owned by Oak Hill Capital Partners (www.oakhillcapital.com).

SOURCE Firth Rixson Limited