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Boeing and Tata announce aerospace joint venture in India

Boeing and Tata announce aerospace joint venture in India

news November 9, 2015 10 Views
  • Boeing and Tata group companies have established partnerships in India to manufacture aerostructures for BoeingΓÇÕs commercial and military aircraft.
  • Tata Advanced Systems Limited is a wholly owned subsidiary of Tata Sons, focused on providing integrated solutions for Aerospace, Defence and Homeland Security.
  • Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.
  • Boeing and Tata Advanced Systems announced a joint venture (JV) that will manufacture aerostructures for aircraft and collaborate on integrated systems development opportunities in India.
  • ΓÇ£This partnership will capitalize on IndiaΓÇÕs industrial capability, innovation and talent to contribute to BoeingΓÇÕs long-term competitiveness and position us for future growth in the global marketplace,ΓÇÙ said Chris Chadwick, president and CEO of Boeing Defense, Space & Security.
  • The JV will initially create a manufacturing center of excellence to produce aerostructures for the AH-64 Apache helicopter and to compete for additional manufacturing work packages across Boeing platforms, both commercial and defense.

Source: EconomicTimes