Eclipse Aviation News
$400 million based upon projected delivery rates, this agreement represents one of the largest single contracts ever awarded to Compass.
“We have been working with Eclipse Aviation since 2002 and are extremely proud to be one of the long-term team members that will soon deliver the breakthrough Eclipse 500 aircraft,” said John R. Reimers, chairman and chief executive officer of Compass Aerospace. “We look forward to leveraging our mastery of complex machining and assembly in high-volume, demand-flow environments to help Eclipse usher in a new age in air transport.”
Compass is currently supplying the structural components and assemblies for Eclipse's pre-production, certification program aircraft. Compass expects to begin its production ramp in 2005 and achieve full-rate production levels soon thereafter in support of Eclipse's delivery of production aircraft. The work will initially be performed at Compass's facilities in Wichita, KS; Santa Ana, CA; and Kent, WA.
“Compass is a leader in structural component fabrication and has demonstrated its advanced capabilities as a supplier of high-quality parts for our pre-production aircraft,” said Vern Raburn, president and CEO of Eclipse Aviation. “We are excited to add Compass to the impressive list of world-class suppliers that will work with us to deliver our current order book of more than 2100 Eclipse 500 jets, and fulfill future orders for years to come.”
About Compass Aerospace
Compass Aerospace, headquartered in Southern California, is a diversified, multi-location manufacturer of structural components and assemblies supporting a wide range of aircraft OEMs worldwide. Compass provides an array of advanced machining, fabrication, and supply chain and logistics management services for commercial, military and general aviation markets. These services include current models as well as advanced, next-generation aircraft known for their lightweight and overall efficiency.
Eclipse Aviation is in the business of designing, certifying and producing modern, affordable jet aircraft that will revolutionize the transportation market. The company is applying advanced electronics systems, manufacturing and business practices to produce aircraft that cost less than a quarter of today's small jet aircraft, will be significantly safer and easier to operate than those of today, and have the lowest cost of ownership ever achieved in a jet aircraft.
The goal of Eclipse is to bring the word "personal" into aviation, making it possible for commercial air passengers to move directly between cities on a quick, affordable and convenient basis. It will also allow pilot owners to enter the world of jet-powered aviation.