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Edac Technologies Corp. Message Board

  • seeking_profit seeking_profit Jan 31, 2013 9:54 PM Flag

    Pratt & Whitney To Make GTF Fan Blades, Turbine Disks In Singapore

    Potential impact to EDAC, anyone?

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    Pratt & Whitney has disclosed that it will be making fan blades and high pressure turbine disks in Singapore for its geared turbofan (GTF) engines.

    The company held a ground-breaking ceremony on Jan. 31 at the Singapore Seletar Aerospace Park site where the new factory will be located. The 180,000 square foot factory will be next to Pratt’s component repair facility.

    Pratt anticipates that its workforce in Singapore will increase to more than 2,500 over the next five years, “making it the company’s most comprehensive aftermarket presence in one location.” Pratt had earlier announced that it plans to do GTF engine overhauls in Singapore . The GTF powerplant will be used on various aircraft types including the Airbus A320 NEO and Bombardier CSeries.

    The new factory will open by 2014 and will begin producing commercial engine fan blades in 2015 and high pressure turbine disks by 2016, says Pratt . The company also says its 160,000 square foot component repair facility at Seletar is almost complete, and it will begin repairing components there by year-end. The facility will repair parts for PW4000 engines.

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    • I don't believe much of EDAC's revenues come from GTF right now, as the engine hasn't even been fully approved. EDAC does list turbine disks as one of the parts it builds or is approved to build, the fan blades are not listed. It will take several years for Singapore to be fully operational and producing meaningful quantities. It won't cut into current revenues but may curtain revenue growth somewhat in later years.

      The Singapore facility will NOT be producing all the parts for the GTF. It is forecast to be 50% of the quantity of blades and disks by 2020.

    • It is sure going to be interesting how they address this suprise move, from all indicators so far they will not be in production for at least 2-3 yrs so EDAC will be the provider for at least that period of time, also could EDAC be bought out by Pratt lock stock and barrel and move everything over time to the new facility?

      Sentiment: Strong Buy