SKF signs SEK 900 million long-term contract with Turbomeca

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10-year agreement for engine bearings

Gothenburg, Sweden, 20 June, 2013: SKF has signed a long-term contract for around SEK 900 million with Turbomeca, a division of the French-based Safran. The contract includes the supply of bearings for the latest Turbomeca engine, Arrano.

“The bearings used within a helicopter engine are key components that contribute to reduced wear, increased longevity and overall engine performance. SKF is proud to gain this business which is a clear sign of new confidence demonstrated by Turbomeca and will strengthen our partnership”, says Stephane Le-Mounier, Director SKF Aerospace.

“We are pleased to sign this contract with SKF, which is positioned as a partner in the field of innovation, as well as operational performance. This contract exemplifies our strategy to identify key suppliers, to involve them in advanced developments and as a result get a long term commitment”, says Olivier Andriès, CEO for Turbomeca.

The new Arrano, 1 100 HP engine is designed to equip four to six ton helicopters. It will offer 10 to 15 per cent lower fuel consumption, contributing to improved performance (range and payload) and reduced environmental footprint.

SKF Aerospace provides highly engineered, customized solutions to aircraft, helicopter, engine, and system manufacturers, including main-shaft and transmission bearings, seals and precision elastomeric devices.

Aktiebolaget SKF

(publ)

For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400

PRESS: Rebecca Janzon, Director, Press Relations
tel: 46 31 337 3880, mobile: 46 727-173880, e-mail: rebecca.janzon@skf.com

INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@skf.com

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2012 were SEK 64,575 million and the number of employees was 46,775. www.skf.com

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SKF is proud to gain this business which is a clear sign of new confidence demonstrated by Turbomeca and will strengthen our partnership.
Stephane Le-Mounier, Director SKF Aerospace