Omni-Lite's DP Cast signs five-year supply deal

Executive Summary

• Omni‑Lite Industries Canada Inc.’s subsidiary, Designed Precision Castings (DP Cast), has signed a new five‑year supply agreement with a major global jet engine OEM.
• The contract extends prior relationships and secures DP Cast’s role as a supplier of precision investment castings for multiple fixed‑wing and rotary‑wing aircraft engine platforms.
• The agreement highlights DP Cast’s operational excellence, quality, innovation, and reliable on‑time delivery, reinforcing its position in the aerospace 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 fixed‑wing and rotary‑wing aircraft engine platforms.
• Relationship History: Extends several previous agreements with the same OEM, reflecting a long‑standing customer relationship.
• Value Drivers: Operational excellence, high quality standards, innovative capabilities, and reliable on‑schedule delivery.
• Strategic Impact: Strengthens DP Cast’s revenue visibility and market position within the aerospace and defense sectors; supports the OEM’s major engine programs.

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.