# Velocity Composites signs three-year contract extension with Tier 1 aerostructures manufacturer

Velocity Composites has signed a new three-year contract with a major Tier 1 aerostructures manufacturer in Hampshire, extending an existing agreement and adding new business for A350, A400M and Eurofighter Typhoon platforms. The contract has an expected annual value of £4.1 million.

- Type: Contract
- Announced: 2021-05-14
- Where: Hampshire, United Kingdom
- Value: $5.80M (4.10M GBP)
- Status: completed
- Products: structural materials, kitting services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Velocity Composites](https://endata.com/companies/32383.md)

## Sources

- [velocity-composites.com](https://www.velocity-composites.com/company-news/2021-05-14-new-three-year-contract-extension/), 2021-05-14: "Execution of this Contract extension and new business award with the Customer is an important milestone for Velocity, with our key customer reaffirming and strengthening our relationship."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.