IBEF: August 24, 2021
According to a statement released by Boeing on Monday, Mahindra Aerostructures has been granted a contract to produce intake outer barrel components and sub-assemblies for the B737 aircraft and ship them to Boeing's facilities in the United States. The inlet duct of an aircraft engine regulates the flow of air before it enters the compressor.
According to a statement from Mahindra Aerostructures, manufacture of the components and subassemblies will begin in 2023, and they will be delivered directly to Boeing facilities in the United States under the new contract.
It indicated that deliveries would scale up in tandem with Boeing's planned increase in B737 manufacturing.
“Boeing expects the best, and this contract win is a tribute to our on-time delivery and high-quality performance, which we maintained even during the pandemic,” said Mr. Arvind Mehra, Mahindra Aerostructures' managing director and CEO.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.