Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 01, 2024

Mahindra Aerostructures Signs $100 Million Contract With Airbus Atlantic

Mahindra Aerostructures signs USD 100 mn contract with Airbus Atlantic

Mahindra Aerostructures Signs $100 Million Contract With Airbus Atlantic
Source: Mahindra Aerostructure's website
STOCKS IN THIS STORY
Nifty MidSmall India Consumption
--

Mahindra Aerostructures on Monday announced it has signed a multi-year contract worth around $100 million with Airbus Atlantic for the manufacturing and delivery of metallic components for the entire Airbus commercial aircraft family, including the A320 family planes.

Under the contract, the company will supply close to 2,300 varieties of metallic components to Airbus Atlantic in France from its manufacturing base in India, Mahindra Aerostructures Pvt Ltd. said in a statement.

The contract adds to existing MASPL programmes to deliver parts directly to Airbus at their facilities in France and Germany, it said.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

MASPL has been a direct supplier to Airbus Group since 2015, and partners with Airbus on numerous initiatives.

Developing the relationship with Mahindra Aerostructures will help the company benefit from their robustness, expertise, and high-end technology capabilities in order to strengthen the company's supply base, said Airbus Atlantic Chief Procurement Officer Jose Maria Trujillano.

"This new contract from Airbus Atlantic opens a new frontier in our existing relationship with the Airbus Group," said, Vinod Sahay, President, Aerospace and Defense Mahindra Group.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Listen to the latest songs, only on JioSaavn.com