Senior plc (LSE:SNR) has secured a new multi-year agreement with Airbus (EU:AIR) for the supply of aerospace standard parts, the company confirmed on Wednesday.
The contract spans the design, qualification, and production of standard components used in fluid-conveyance systems. These parts will be fitted across Airbus’s single-aisle and dual-aisle commercial aircraft programmes, with additional long-term potential in the aftermarket for spares and repairs.
Initial deliveries are expected to start in the first quarter of 2026 from Senior’s European operations. The added product lines will further strengthen the group’s portfolio of pressed, formed, and high-precision engineered components.
The deal marks a significant milestone for Senior, aligning with management’s focus on its “standard parts” strategy, which has been a priority for several years. The agreement follows extensive groundwork, and analysts suggest there is still meaningful room for growth with Airbus in this segment.
Production is set to ramp up fully in 2027. Senior’s shares trade at 182.60p, and some analysts continue to rate the stock a buy with a 230.00p price target, implying roughly 26% potential upside.
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