Both companies, as per this agreement, will jointly work on
potential integrated systems development opportunities, including unmanned
aerial vehicles. The agreement was signed by Sukaran Singh, MD & CEO of
TASL and Shelley Lavender, President of Boeing Military Aircraft in lines with
Make in India in Hyderabad, Telangana.
Adding more momentum in the area of defence product
manufacturing under the ‘Make in India’ initiative, American aerospace and
defence major Boeing has signed a framework agreement with Tata Advanced
Systems Ltd. (TASL), a wholly-owned subsidiary of Tata Sons, to collaborate in
aerospace and defence manufacturing. Both companies, as per this agreement,
will jointly work on potential integrated systems development opportunities,
including unmanned aerial vehicles.
The two companies plan to access markets jointly for
products and platforms developed together by them. “This agreement with TASL is
significant because it demonstrates Boeing’s commitment to expanding its
aerospace manufacturing footprint in India,” Shelley Lavender, President,
Boeing Military Aircraft, who was here in India to sign the agreement, said in
a statement.
Presently, TASL has a big aircraft manufacturing footprint
in various companies like Adibatla Aerospace and Precision Engineering Park in
Hyderabad. It is has a couple of Joint Ventures (JV) including in Tata Sikorsky
Aerospace and Tata Lockheed Martin Aerostructures.
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