19 July 2006

Smiths partners with Boeing for GoldCare service solution for Boeing 787 Dreamliner operators

Smiths Aerospace at Farnborough 2006

SMITHS Aerospace, part of the global engineering business Smiths Group, today announces the signing of an agreement with The Boeing Company to support Boeings revolutionary GoldCare service solution for Boeing 787 Dreamliner operators.

GoldCare is a new support service that brings together the capabilities of Boeing and suppliers such as Smiths Aerospace to provide a single cost-effective support solution to operators.

Under the agreement, Smiths Aerospace will guarantee availability of spare parts and maintenance for its Common Core System, Landing Gear actuation System and High Lift actuation System.

The unique structure of the GoldCare service will allow Boeing and suppliers to minimize inventory and logistics costs and allow suppliers to focus on keeping parts on wing longer.

Catherine Gridley, President, Smiths Aerospace Customer Services, said: "Smiths Aerospace is proud to partner with Boeing for GoldCare. This is an innovative support service solution that complements our commitment to providing cost-effective through-life support of our systems. "

Under GoldCare, Boeing will manage Smiths-owned stocks at airline service stations and provide line maintenance to the airline. Smiths is responsible for ensuring spares are provided at guaranteed levels of availability, managing the maintenance of parts removed from aircraft and ensuring that equipment reliability is optimized.

The GoldCare support service offers unique benefits:

Predictable support costs for operator
Cost effective

Higher aircraft despatch reliability
Focus on keeping parts on wing longer

Single support contract
Maintenance assured by OEM supplier

Smiths Aerospace systems on the Boeing 787 Dreamliner include the Common Core System, Landing Gear Actuation System, High Lift Actuation System and engine components.

ENDS