LISI GROUP - Activity report 2019

DEVELOPMENT Fasteners: collaboration with Airbus renewed After a consultation with the fasteners market, submitted by Airbus to its partners, LISI AEROSPACE renegotiated its largest customer contract and extended its historic collaboration with the aircraft manufacturer. This contract relates to the supply of fasteners - including several flagship products such as lightning protection parts or titanium nuts - for Airbus aircraft as well as to certain enabled partners, aerostructure subcontractors of Airbus. In a highly competitive market context, LISI AEROSPACE secures its market share at Airbus and confirms its leading position. The contract covers a period of five years. LISI AEROSPACE supplies fasteners to Airbus from nine of its plants. INDUSTRIAL ORGANIZATION Compressor blades: a winning strategy The division continued to reorganize the production of compressor blades. This strategic project, which includes the extension of the Parthenay plant and the first phase of the Forge 2022 project in Chaumont, experienced new key stages in 2019 with the inauguration in Parthenay of the compressor blade unit for Safran Helicopter Engines and the modernization of the Marmande blade department. The year also saw accelerated automation and digitalization of production as well as the implementation of simulators to reduce industrialization times. These efforts made it possible to win the supply contract for MTU Aero Engines. © Airbus 65 LISI 2019