Mahindra Aerostructures bags supply contract from Airbus

Mahindra Aerostructures, a subsidiary of Mahindra & Mahindra have bagged a Tier 1 supplier contract to supply airframe parts for Airbus’s AS565 MBe Panther helicopter.

With this, Mahindra Aerostructures becomes the first Indian company to receive a direct manufacturing contract from Airbus (European aviation major) as a Tier 1 supplier.

Key Facts

The helicopter parts will be produced at Mahindra’s facility in Bengaluru, Karnataka.

They will be shipped directly to the Airbus Helicopter production line in Marignane, France.

In this facility these parts will be integrated with the rest of the airframe assembly and will form a critical part of the Panther helicopters sold worldwide.

Background

Airbus Helicopters and Mahindra Defence are in the process of forming a joint venture (JV) to target India’s military helicopter programmes under the Make In India initiative.

The JV will be formed for producing Naval Utility Helicopter, the Naval Multi-Role Helicopter and the Reconnaissance and Surveillance Helicopter for Indian Navy.

It will play pivotal role in making blueprint that will piut India on the world map for military helicopter manufacturing.

Current Affairs 12th July, 2016
Current Affairs Round Up Bullet Points, June, 2016 Current Affairs Round Up Bullet Points, May, 2016

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