CTRM awarded RM3.4B aero components contract for Airbus

Composite Technology Research Malaysia (CTRM), a subsidiary of DRB-HICOM, was awarded a RM3.4 billion contract for manufacturing aero components for Airbus vendors, running from 2022 to 2030. CTRM also opened a new RM159 million production facility in Melaka.

“This clearly proves that leading multinational companies consider Malaysia's aerospace industry landscape as stable and conducive to their global supply chain.”klse.i3investor.com

• 2 sources
• klse.i3investor.comMalaysian aerospace sector gets a boost from CTRM's latest RM3.4bil contract | I3investorsavemalaysia 0 160, 680 Follow Following MessageMay 18, 2023
• nst.com.myMalaysian aerospace sector gets a boost from CTRM's latest RM3.4bil contractS BirrunthaMay 18, 2023

Summarized from public sources; check the original articles before acting on it.