Meggitt wins LEAP engine thermal management package
Meggitt, an international company specialising in high performance components and sub-systems for aerospace, defence and energy markets, has been selected to provide a package of thermal management products for certain types of LEAP engine for Snecma (Safran).
Meggitt, an international company specialising in high performance components and sub-systems for aerospace, defence and energy markets, has been selected to provide a package of thermal management products for certain types of LEAP engine for Snecma (Safran).
The $175m deal includes the delivery of fuel oil heat exchangers which perform at extremely high temperatures, helping to optimise engine efficiency and lowering fuel consumption.
The LEAP engine, a high-bypass turbofan engine, will power the Airbus A320neo, Boeing 737MAX and the COMAC C919 aircraft.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Terry Twigger, the Chief Executive of Meggitt, commented: "With Meggitt Sensing Systems' sensor packages, also awarded for all three engine variants, these new contracts for Meggitt Control Systems further enhance our position on this important next generation engine."
The thermal management package will be made in Meggitt's facility in Birmingham, UK, supported by Meggitt's global aftermarket organisation.
NR
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Michelin Key Hotels 2025: the top destinations in the world
The Michelin Keys have been awarded to spectacular hotels across the world. From Marlon Brando's private resort in Polynesia to a Bvlgari hotel in Tokyo, we look at some of the most extraordinary stays in 2025
-
MoneyWeek news quiz: How much could you get in car finance compensation?
The car finance scandal, inheritance tax, and house prices all made headlines over the past few days. Test your knowledge while reviewing this week’s top stories with MoneyWeek’s news quiz