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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Aerospace company Ontic reports 'record-breaking' year

Aerospace parts manufacturer Ontic has heralded 2022 as a “record-breaking” year for the firm, and has said further expansion is planned for 2023.

The Gloucestershire-based business, which provides its services to a range of commercial and military customers including Airbus and Boeing Defense, said it had secured 13 exclusive licensing agreements over the previous 12 months.

The firm, which has global operations across Asia, Europe and the US, said it had integrated its facility in Staverton - acquired from rival Triumph Group at the end of 2021 - into one of its main production sites. From the base the group is supporting aircraft such as the Saab Gripen, the Airbus A330 and the BAE Hawk.

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