Ladue-based Esco Technologies Inc. today announced a contract potentially worth more than $150 million to supply hydraulic system components and filters for a new Airbus aircraft.

The contract — the largest ever for Esco's subsidiary PTI Technologies Inc. — was awarded by Cleveland-based Parker-Hannifin Corp. PTI's components will be incorporated into Parker-Hannifin's hydraulic operating system used on Airbus' A350XWB wide body jetliner.

Source: St. Louis Post Dispatch

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