UK defence group Smiths has won a new multi-million pound deal to supply technology for Boeing’s Dreamliner jet.
The London-based group said its aerospace division had won a deal worth more than £873m ($1.6bn) to supply landing gear systems for the aircraft.

The contract comes on top of an agreement in February to supply the 7E7 jet’s “backbone” or Common Core System.

Total revenues on the deals are expected to near £1.64bn ($3bn) during the aircraft’s lifetime, Smiths added.

“This news reflects Smiths’ long-term commitment to investment in research and development and reconfirms our tier-one supplier status with Boeing,” Smiths Chief executive Keith Butler Wheelhouse said.

The news helped propel Smiths shares to seven month highs of 725.5p during the day. They later closed 14p up at 714p.

http://news.bbc.co.uk/1/hi/business/3813677.stm

And that should shut all those critics up who disagree with boeing because they don’t use european companies for components.

Also, A french firm (oh the irony) is involved with the landing gear too I think.