GKN Confident of Tech Edge | Aviation International News

GKN Confident of Tech Edge

UK tier-one supplier continues to absorb the capabilities gained through acquisition of Fokker last year.

While exploring new applications for technology is vital, it is equally—if not more important—to concentrate on more precise and cost effective production techniques.

By Ian Sheppard

July 5, 2016

GKN Aerospace (Chalet G1) is continuing integration work to take advantage of its acquisition of Fokker last year, while also benefitting from wider group capabilities in the powder metallurgy and automotive sectors. Having grown its turnover from £700 million ($994 million) in 2006 to around £2.5 billion ($3.6 billion) in 2015, both organically and through acquisition, the UK company is now a supplier on a variety of leading aircraft platforms, and hopes to become what it describes as “the most global tier 1 supplier.” Already it has 62 sites in 15 countries, with a total of around 17,000 employees.

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