Hindi

Contract For Aircraft Engine Components Worth $1 Billion Extended By GE Aerospace And Tata Advanced Systems

Avatar of Ch Sathvika
Contract For Aircraft Engine Components Worth $1 Billion Extended By GE Aerospace And Tata Advanced Systems

The long-term, $1 billion contract between GE Aerospace and Tata Advanced Systems Ltd. for manufacturing and delivering various commercial aviation engine components has been renewed.
The Tata Centre of Excellence for Aero Engines will produce the engine parts (Tata-TCoE).

The manufacturing agreement between GE Aerospace and Tata Advanced Systems Ltd (TASL), under which TASL will continue to produce and supply several commercial aircraft engine components to GE’s global engine manufacturing factories, has been extended, the two companies announced in a joint statement on Friday.

The announcement stated that the multi-year, long-term deal, which has a value of more than $1 billion, “displays the increasing connection between GE and TASL in the aerospace sector.”

Initially, the agreement was inked in late 2017.

To produce CFM International LEAP engine components in India, Tata-TCoE was founded in 2018. GE and Safran Aircraft Engines have a 50/50 joint venture called CFM International.

CFM’s engines are used in a sizable number of national commercial aircraft.

The LEAP engine, which has logged more than 23 million engine flight hours since going into service in 2016, “continues to offer increased fuel economy and asset utilization for today’s newest commercial narrow-body aircraft,” according to the announcement.

According to Mike Kauffman, VP & GM of Purchasing at GE Aerospace, the company’s relationship with TASL has grown in the past five years. “The Tata Centre of Excellence for Aero Engines has expanded in scope and significance for us and is now Make in India, for the world.”

Sukumaran Singh, Managing Director and Chief Executive Officer of TASL, stated that the company continues to invest in enhancing the nation’s technological, manufacturing, and aerospace talent bases.

“The Tata Center of Excellence for Aero Engines has been established as the most advanced production facility for intricate aero-engines for clients worldwide.

With assistance from GE’s technical team, he continued, “GE has helped us create essential aero-engine production procedures here in India as a top commercial engine producer.” According to Mike Kauffman, VP & GM of Purchasing at GE Aerospace, the company’s relationship with TASL has grown in the past five years. “

Total
0
Shares
Previous Post
Twitter is being sued over Elon Musk's hurried mass layoffs

Twitter is being sued over Elon Musk’s hurried mass layoffs

Next Post
Vulture Airlifted From Tamil Nadu To Rajasthan After Being Rescued During 2017 Cyclone, Set To Fly Once More

Vulture Airlifted From Tamil Nadu To Rajasthan After Being Rescued During 2017 Cyclone, Set To Fly Once More

Related Posts