New Delhi, Feb 17, 2015
RUAG Aerostructures, a global supplier and integrator of Aerostructure components and TAL Manufacturing Solutions Ltd., a Tata Enterprise and a leading company in Commercial & Defence Aerospace manufacturing in India, entered into partnership for manufacturing andsupply of aero structural components and sub-assemblies. The two companies signed a multi-year contract with a potential value of over US$ 150 million. The new work scope allows RUAG to strengthen and optimize the global supply chain to the advantage of Airbus.
As part of the contract, TAL will manufacture and supply over 550 sheet metal components, machined parts and sub-assemblies to RUAG, for Airbus’ fast moving, successful A320 programme. Going into two fuselage sections of the Airbus A320, these parts are processed from steel, aluminium and titanium and involve use of some of the most sophisticated and futuristic equipment in aerospace manufacturing.
Urs Breitmeier, CEO of RUAG Group points out: “ I am pleased about the established partnership with TAL Manufacturing Solutions Ltd. It reflects our strategy to go global in the supply chain and enables RUAG to strengthen its position as a leading first-tier supplier in Aerostructures. ”
Adds Rajesh Khatri, ED & CEO of TAL, “ The partnership with RUAG further exemplifies our commitment to global benchmarks.We underwent a most stringent qualification process and have brought our experience and learnings from our other premier programmes to bear on this. This contract will see us investing further in our state-of-art aerospace infrastructure at Nagpur and will uniquely position us as a supplier to two of the world’s most advanced and successful airplane programmes, the Boeing 787Dreamliner & the Airbus A320 ”.
