GOTEBORG, Sweden, June 16, 2005 (PRIMEZONE) -- Volvo Aero has signed a contract with Snecma involving series production of nozzles and LH2 turbines for the Vulcain 2 engine on some 30 Ariane 5 rockets.
The five-year contract is valued at about EUR 30 M. Deliveries began this year and will continue through 2010. "It is highly pleasing that we received the contract since it secures our basic production in the years immediately ahead," says Torgny Stenholm, Vice President Space Markets and Programs at Volvo Aero.
Volvo Aero has been involved in the development of the Vulcain engine and had series deliveries for engines since 1994. In total, Volvo has delivered components to some 20 Ariane 5 rockets to date.
The Vulcain is the main-stage engine for the Ariane 5. The Ariane 5 has flown commercially since 1998 and in February this year the Ariane 5 ECA was successfully launched with the new, more powerful Vulcain 2 engine.
Volvo Aero has cooperated with Snecma since the early 1980s in the development and production of the Vulcain/Vulcain 2 engines for the European Ariane 5 rocket.
The areas in which Volvo Aero has specialized are the development and production of the nozzle and turbines for rocket engines. Experience from these components, for all versions and the Vulcain engine, has made it possible for Volvo Aero to become the Center of Excellence in Europe for nozzles and turbines.
June 16, 2005
Volvo Aero develops and manufactures components for aircraft and rocket engines with a high technology content in cooperation with the world's leading producers. Volvo Aero offers an extensive range of services, including sales of spare parts for aircraft engines and aircraft, sales and leasing of aircraft engines and aircraft, as well as overhaul and repair of aircraft engines. Volvo Aero is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service.
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