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Ontic, Meggitt Sign OEM Parts License Agreement

Ontic, Meggitt Sign OEM Parts License Agreement - top government contractors - best government contracting event
Jeff Brody

Ontic has entered into an agreement with Meggitt PLC to distribute the latter's original equipment manufacturer products, including military chip detectors, cockpit indicators, connector harnesses and signal conditioners.

Under the agreement, Ontic will manufacture Part 21 components and provide spares and repair support for Part 145 components for global clients, the company said Monday.

“This license of product families in particular highlights Ontic's capability to strategically assist OEMS with the on-going support of their non-core products, allowing the OEM to progress and concentrate on its strategic priorities,“ said Gareth Hall, president at Ontic.

The partnership follows a previously signed agreement with Meggitt in 2018 for the latter's fuel flow transmitters, fluid monitoring chip detectors and engine pressure transmitters.

Ontic offers OEM parts, recertification, overhaul, modification and refurbished components while Meggitt provides avionics, fuel systems, fire protection platforms, security tools and safety systems.

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