Aernnova Aerospace signs $300 million multi-year souring contact with Mahindra Aerostructures
The contract covers the supply to several Aernnova sites in Spain, the U.K., Portugal and Brazil, further strengthening a collaboration that began in 2013.
Ricardo Chocarro, CEO of Aernnova said, ' This partnership with Mahindra will enable Aernnova to reinforce its supply base to secure production ramp-ups in our factories for all our programs, fulfilling our mission to deliver to our customers.'
'We have great confidence in MASPL's expertise and high-end technology capabilities to industrialize the different packages with the support of our technical experts in the different areas of work,' he said.
Anish Shah, Group CEO & MD, Mahindra Group said 'As we scale up our operations and make significant investments in our Aerospace business, we look forward to enhancing this partnership and scale new heights.'
Aernnova supported MASPL in the early stages of its facility development in India, with strong contributions to the facility design and development, as well as for skilling and skill assessment.
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