Mahindra Aerospace signs multi-million dollar deal with Airbus

Mumbai: Mahindra Aerospace, a part of the diversified Mahindra & Mahindra group, has been awarded a multi-million dollar aero-components production contract by Airbus group company Premium AEROTEC.

“The multi-year contract envisages manufacturing and supply by Mahindra of a variety of metallic components that will be fitted into several Airbus aircraft programs as part of assemblies produced by Premium AEROTEC,” the company said in a statement.

The contract, the size of which has not been disclosed, was signed at the Paris Air Show that began on Monday.

Mahindra Aerospace’s deliverables under this contract will be in excess of a million parts per annum, which will be produced at the new Mahindra Aerostructures facility located at Narsapura, near Bengaluru.

Airbus and Mahindra are already global partners in the aerospace engineering domain with Tech Mahindra being one of the engineering services providers to the Airbus Group.

Mahindra Aerospace currently manufactures the Airvan 8 utility aircraft at its facility in Australia. 200 such Airvan 8’s are in service at present.

The company is also developing a 10-seater Airvan 10 turbo-propeller plane, which is scheduled for certification this year.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.