OMNI-LITE INDUSTRIES ANNOUNCES NEW FIVE-YEAR AGREEMENT WITH MAJOR GLOBAL JET ENGINE MANUFACTURER

Executive Summary

• Omni‑Lite’s subsidiary Designed Precision Castings (DP Cast) has signed a new five‑year supply agreement with a major global jet engine OEM to provide precision investment castings for multiple fixed‑ and rotary‑wing aircraft engine platforms.
• The contract extends previous relationships, reflecting DP Cast’s proven operational excellence, quality, innovation, and reliable on‑time delivery.
• The agreement is expected to generate significant recurring revenue and strengthen Omni‑Lite’s position in the aerospace and defense supply chain.

Key Details

• Parties: Designed Precision Castings (DP Cast), a subsidiary of Omni‑Lite Industries Canada Inc., and an unnamed major global jet engine original equipment manufacturer (OEM).
• Term: Five years, commencing upon execution of the agreement.
• Scope: Supply of precision investment castings for use on multiple aircraft engine platforms covering both fixed‑wing and rotary‑wing applications.
• Relationship History: Extends several prior agreements with the same OEM, indicating a long‑standing customer relationship.
• Value Drivers: The OEM selected DP Cast based on demonstrated operational excellence, high‑quality standards, innovative capabilities, and reliable on‑schedule delivery.
• Strategic Impact: Enhances Omni‑Lite’s revenue visibility, diversifies its aerospace customer base, and reinforces its reputation as a trusted supplier to Fortune 100 aerospace and defense firms.

Notable Quotes

“This agreement underscores our relentless commitment to delivering quality investment castings on time to our customer in support of its major programs,” – Stuart Faria, President, DP Cast.