OC Oerlikon Corporation AG (0QO3.L)

Oerlikon Balzers Signed a Ten-Year Contract with ITP Aero to Use Its New Advanced PVD Coating on ITP Aero’s Next Generation Aero Engine Components

QUERÉTARO, Mexico & BALZERS, Liechtenstein, June 21, 2023--Oerlikon Balzers, a leading surface solution brand of Oerlikon, has signed a ten-year contract with ITP Aero to apply Oerlikon’s new advanced high-temperature wear resistant coating BALORA TECH PRO on components of the Pratt & Whitney Canada PW800 turbofan engine that powers the new Gulfstream G500/G600 and Dassault Falcon 6X business jets.