# Park Aerospace commits to support Airbus A320neo production ramp-up

Park Aerospace Corp. announced its commitment to fully support Airbus's planned A320neo production rates of 65 aircraft per month by mid-2023 and 75 per month by 2025. Park is the sole supplier of composite materials for the engine transcowl and thrust reverser components on A320neo aircraft with CFM LEAP-1A engines.

- Type: Contract
- Announced: 2022-06-27
- Where: Newton, Kansas, United States
- Status: announced
- Products: composite materials, lightning strike protection materials, engine transcowl, thrust reverser components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md) (customer)
- [Park Aerospace Corp.](https://endata.com/companies/41421.md) (supplier)

## Sources

- [parkaerospace.com](https://parkaerospace.com/press-releases/park-aerospace-corp-announces-its-commitment-to-fully-support-airbuss-planned-a320neo-aircraft-family-production-rates/), 2022-06-27: "Park Aerospace Corp. announced its commitment to fully support Airbus's stated A320neo Aircraft Family production rates of 65 Aircraft per month by the middle of CY2023 and 75 Aircraft per month in CY2025."

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