Barnes Aerospace, a business segment of Barnes Group Inc., has entered into a new aftermarket Revenue Sharing Program Agreement with General Electric Company. Similar to Barnes Aerospace’s other aftermarket RSPs that provide the exclusive right to supply designated aftermarket parts to GE for the life of the related engine program, this agreement relates to spare parts for the CFM56 and CF6 engine families.
Revenue Sharing Programs are excellent complements to our aftermarket maintenance, repair and overhaul operations and strengthen our portfolio across the stages of an engine’s life cycle,”said Gregory F. Milzcik, President and Chief Executive Officer, Barnes Group Inc.
The CFM56 engine powers short-, medium- and long-range aircraft. Twelve different …
Barnes Aerospace Enters Revenue Sharing Program with GE
Barnes Aerospace, a business segment of Barnes Group Inc., has entered into a new aftermarket Revenue Sharing Program Agreement with General Electric Company. Similar to Barnes Aerospace’s other aftermarket RSPs that provide the exclusive right to supply designated aftermarket parts to GE for the life of the related engine program, this agreement relates to spare parts for the CFM56 and CF6 engine families.
Revenue Sharing Programs are excellent complements to our aftermarket maintenance, repair and overhaul operations and strengthen our portfolio across the stages of an engine’s life cycle,”said Gregory F. Milzcik, President and Chief Executive Officer, Barnes Group Inc.
The CFM56 engine powers short-, medium- and long-range aircraft. Twelve different …
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