Friday, November 20, 2015
Boeing, Tata Ink Joint Venture in India
|Tata Advanced Systems Chairman S. Ramadorai (third from left) and Tom Bell, senior vice president, Global Sales & Marketing, Boeing Defense, Space & Security (second from right) sign the agreement to create a joint venture. Boeing International President Marc Allen (second from left), Boeing India President Pratyush Kumar (left) and Tata Advanced Systems CEO Sukaran Singh (right) attended the signing ceremony. Photo: Boeing|
[Avionics Today 11-20-2015] Boeing and Tata Advanced Systems have formed a joint venture that will manufacture aerostructures for aircraft and collaborate on integrated systems development opportunities in India. The joint venture 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.
Boeing and Tata Advanced Systems intend to grow the partnership in the future with a focus on opportunities to collaborate on development and selling of integrated systems.
“This partnership will capitalize 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 marketplace,” said Chris Chadwick, president and CEO of Boeing Defense, Space & Security.