16.7.15

Tata Advanced Systems Limited (TASL) - Boeing ink pact

Tata Advanced Systems Limited (TASL) and US-based aircraft maker Boeing have signed a strategic framework agreement here to collaborate in the sphere of aerospace and defence manufacturing as well as explore the potential of developing integrated systems, including unmanned aerial vehicles. The pact was signed by Shelley Lavender, president of Boeing Military Aircraft, and Sukaran Singh, MD & CEO of Hyderabad-based TASL.
Though Boeing has been procuring components from 18 suppliers in India, the latest deal will actually see it `Make in India' along with the Tatas. For the first time, Boeing will develop high-end aerospace and defence sector technology in India, which can cater to the global markets.TASL will get “significant work packages“ in the aerospace-defence manufacturing space, said a Boeing spokesperson.
The Tatas have a big manufacturing footprint at the Adibatla Aerospace and Precision Engineering Park on the outskirts of Hyderabad, where they have already invested over Rs.1,000 crore, and are expected to further beef up their presence here. TASL, whose focus areas include aerospace, missiles, homeland security , optronics, UAVs and radars, among other defence-related products, already has a couple of JVs -Tata Sikorsky Aerospace and Tata Lockheed Martin Aerostructures -that manufacture aerospace and defence products at the Adibatla park.
“This framework agreement is the result of TASL's worldclass competencies as well as the vendor eco-system it has helped establish in India. It gives us an opportunity to explore the massive potential in India for aerospace manufacturing and make the investments required to grow the industry ,“ TASL chairman S Ramadorai.

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