March 11, 2017

XIV Technology Conference “ITP 2020: From planning to reality”

During the 3rd and 4th of November, ITP holds its XIV Technology Conference at the Auditorium of the Guggenheim Museum of Bilbao aimed at deepening into the technological aspects that are allowing the fulfilment of the goals the company has set for 2020. More than 150 engineers take part in this year's edition.
March 7, 2017

ITP starts its Dual Professional Training programme

ITP started its Dual Professional Training programme today with the enrolment of 19 students: nine are joining the company's central plant in Zamudio, where they will be working closely with the CFAA (Aeronautics Advanced Manufacturing Centre), and ten are joining the PCB plant in Barakaldo, where the company's casting operations are based.
November 7, 2016

Rolls-Royce Holdings plc acquisition of outstanding stake in ITP from SENER

Rolls-Royce Holdings plc will purchase the outstanding 53.1% shareholding in Industria de Turbo Propulsores SA ("ITP") owned by SENER Grupo de Ingeniería SA ("SENER"). The acquisition strengthens Rolls-Royce's position on its Civil Aerospace large engine growth programmes by capturing significant additional value from its long-term aftermarket revenues, including the high volume Trent 1000 and Trent XWB engines, where ITP has played a key role as a risk and revenue sharing partner. It also enhances the group's manufacturing and services capabilities and adds value to the Defence Aerospace business, particularly on the TP400 and EJ200 programmes.
June 13, 2016

ITP delivers the last of the Atar Engines

Maintenance work began on the Atar in 1978 and since then over 800 Atar engines have been repaired at Ajalvir for different clients, particularly the Spanish Air Force and Snecma itself.
June 4, 2016

ITP acquires 100% of casting subsidiary PCB

ITP has acquired 20% of the shares of PCB, which was in the hands of Switzerland's Precicast SA. Both companies had founded Precicast Bilbao in 1999. Through this acquisition, PCB will become a wholly owned subsidiary of ITP. Casting activities at PCB are strategic to ITP, as they allow developing a differentiated product offering in relation to other companies in the sector. In this sense, the operation is included in the forecasted growth plans that are part of ITP's current 2016-2020 Strategic Plan, which has recently been launched. 
May 2, 2016

Framework Agreement signed under which ITP will perform maintenance on in-service engines for the Spanish Armed Forces

The Director General in charge of Acquisitions for the Spanish Armed Forces, Álvaro Juan Pino Salas, and Ignacio Mataix Entero, the CEO of ITP, today formalised a Framework Agreement in the presence of the Lieutenant General of the Logistical Support Command (MALOG), José María Orea Malo. Under the terms of this agreement, the company will be responsible for the inorganic maintenance of in service engines in the different air and naval fleets of Spain's Sea, Air and Land-Based Armed Forces.