Aequs Inks Long-Term Supply Deals With Safran
Aequs expands its relationship with Safran to manufacture aircraft components for Airbus and Boeing programs, covering six Safran entities
Aequs has signed long-term supply agreements with Safran for the manufacture of aircraft components, expanding its existing relationship with the company. The agreements cover the production of components for various Airbus and Boeing aircraft programs, including the Airbus A320, A330, and A350, as well as the Boeing 787.
The contracts include the machining of superalloy parts, precision machining, coating, and assembly of landing gear components. A significant portion of the manufacturing work will be carried out at the Aequs Engine Components Ecosystem (AECE) in Hosur, Tamil Nadu, with additional work being done at the company's existing aerospace manufacturing facilities in Belagavi, Karnataka.
Aequs' existing relationship with Safran Landing Systems has been expanded to include Safran Aerosystems and Safran Electronics & Defense, bringing the total number of Safran entities that Aequs works with to six. This partnership is a testament to the company's commitment to long-horizon partnerships, as stated by Aravind Melligeri, executive chairman and CEO of Aequs.
## What it means The agreements between Aequs and Safran are significant, as they demonstrate the growing importance of India in the global aerospace manufacturing industry. With the Indian government's push for 'Make in India' and the increasing demand for aircraft components, companies like Aequs are well-positioned to capitalize on this trend. The partnership between Aequs and Safran is expected to contribute to the growth of India's aerospace sector, creating new opportunities for the country's manufacturing industry.
The expansion of Aequs' relationship with Safran is also a reflection of the company's capabilities and reliability in the aerospace manufacturing sector. With its state-of-the-art facilities and experienced workforce, Aequs is poised to become a major player in the global aerospace industry. As the demand for aircraft components continues to grow, the partnership between Aequs and Safran is likely to play a significant role in shaping the future of the industry.
