November 12, 2004 -- LKD Aerospace announced today the signing of a North American stocking distribution agreement for Rolls-Royce OMat (Overhaul Material) consumable supplies for the Rolls-Royce Aftermarket. The products will be distributed throughout the United States and Canada by LKD and featured in LKD Aerospace’s state-of-the-art B2B e-commerce storefront at www.Lkdaerospace.com. LKD is a stocking distributor for many manufacturers and offers thousands of factory new expendables and surplus rotables for most major aircraft platforms. The Rolls-Royce OMat line is a complimentary service for its already established market base of airframe and engine repair facilities.
Sourcerer, the department of Rolls-Royce that provides a global service for the supply of OMat materials, is based in Coventry, England and is the market leader in consumable supplies for operators of Rolls-Royce engines. Sourcerer supplies the complete OMat product range to a global customer base on a daily basis through its order fulfillment website at www.sourcerer-online.com.
David Anderson, Rolls-Royce said, “We are happy to add LKD's e-commerce and North American distribution capabilities to our existing sales channels. We expect LKD to expand our US/Canada Aftermarket opportunities. LKD’s rapid sales growth and leading B2B e-business services convinced us that they are the ideal solution to augment our international distribution growth strategy.”
Alan Dance, Vice-President and CFO of LKD, stated, "We are excited to add Rolls-Royce quality products to LKD and bring them to our customers. This adds an entirely new product segment for us and will be a core focus area in our new business development efforts. This will expand our services to current and future customers and markets throughout the United States and Canada, which is already a key growth area for LKD. We are integrating the Rolls-Royce extensive OMat product line into our e-business systems, which will better integrate the supply chain and substantially reduce transaction costs to our growing list of customers.”
Dance added, “This new Agreement is a strategic win for LKD as it enters us into an entirely new product segment in the Aftermarket. It complements our existing product lines and augments our product offerings to our North American customer base. Combined with our e-business initiatives, which includes the addition of SPEC 2000 as well as our EDI and XML electronic transaction initiatives, we continue to enhance our position as an Aftermarket leader for customers throughout the world. This strategic win jump-starts an entirely new product segment for LKD as we continue to execute our strategy of becoming a leading digitally-based global enterprise with the ability to offer a complete breadth of products and services to the aerospace aftermarket.”
LKD Aerospace is a B2B e-business stocking distributor of factory new expendables, rotables and surplus inventory to more than 1700 existing customers around the world serving six continents. LKD distributes for aerospace leaders such as Britax Heath Tecna, Ametek Aerospace and many others. LKD also offers exchange, consignment and information services through its B2B website at www.Lkdaerospace.com. Customers include major and regional airlines, repair & overhaul facilities, OEM’s and aftermarket service companies. LKD's products are used on Boeing, McDonnell Douglas, Airbus, Embraer and Bombardier jet aircraft as well as Fairchild, Beech and Bombardier turboprop aircraft. LKD has been in business since 1983.
For More Information Contact: LKD Aerospace Marketing and Communications LKD Aerospace, Inc. 1125 12th Ave. NW, Suite B-2 Issaquah, WA 98027-8966 USA
Rolls-Royce Neil Williams, Communications Manager - Civil Aerospace Rolls-Royce plc
PO Box 31, Derby DE24 8BJ - UK Tel: +44 (0)1332 248704 e-mail: neil.e.williams@rolls-royce.com Website: rolls-royce.com
DE24 8BJ - UK