Melrose Industries - Engine for growth
Melrose Industries’ investor event focused on the key GKN Aerospace engines business (Edison estimate 81% of FY23 profit). The industry-wide Risk and Revenue Sharing Partnerships (RRSPs) and its position as a design partner on both the next-generation engines under development are testament to the capabilities and technologies it possesses. Investment continues in order to maintain such leading positions as seen in additive fabrication and manufacturing, which includes a new £40m facility to support signed commercial contracts. This will put GKN Aerospace at the forefront of this step change technology, promoting future partnerships and commercial opportunities.
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