Teaming with Tata

  • 30-Jun-2008 08:34 EDT

The Boeing Co. and Tata Industries Ltd. have agreed to form a joint-venture company that will initially include more than $500 million of defense-related aerospace component work in India for export to Boeing and its international customers. Under the memorandum of understanding, it is contemplated that the joint-venture company will be established by June 2008 and shortly thereafter begin work building aerospace components. The companies’ intent is not only to use existing Tata manufacturing capability, but also to develop new supply sources throughout the Indian manufacturing and engineering communities for both commercial and defense applications. Manufacturing capabilities established within the joint-venture company would in later phases be leveraged across multiple Boeing platforms, including the Medium Multi-Role Combat Aircraft competition.

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