Boeing (
www.boeing.com) and Tata Advanced Systems Ltd (TASL) (
www.tataadvancedsystems.com) have announced a joint venture (JV) that will manufacture aerostructures for aircraft and collaborate on integrated systems development opportunities in India.
The JV will initially create a manufacturing centre 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 defence.
Boeing and TASL intend to grow the JV partnership in the future, with a focus on opportunities to collaborate on the development and selling of integrated systems.
Chris Chadwick — president and CEO of Boeing Defense, Space & Security — said: “This partnership will capitalise on India’s industrial capability, innovation and talent to contribute to Boeing’s long-term competitiveness and position us for future growth in the global market-place.
“It is a demonstration of our commitment to further accelerate our partnership with one of the world’s fastest-growing economies.”
S Ramadorai, chairman of TASL, said: “This agreement to establish a JV will propel the growth of the Indian aerospace sector by leveraging the world-class competencies of TASL and its suppliers, as well as provide
access to India’s world-class manufacturing capability, skilled talent and competitive cost structures.”