Bangalore: Hindustan Aeronautics Ltd (HAL) will lead a consortium of service providers like Tata Consultancy Services, Wipro and Infotech Enterprises to implement a $400 million outsourcing contract for European aircraft maker Airbus Industrie.
HAL is getting the $400 million deal as an offset order from Airbus for nearly $2.5 billion contract it bagged from Indian Airlines for 43 passenger aircraft. Indian has signed a deal for 19 A319s, four A320s and 20 A321s as a part of a five-year fleet renewal programme. It had set a 30% offset clause, making it mandatory for Airbus to source aerospace work from India.
The outsourcing deal would involve design, analysis, services, repair, documentation and training, besides manufacturing systems and components for the European aircraft maker. The private firms declined to comment on the new outsourcing deal with HAL citing silence period before their fourth quarter results.
TCS had signed a pact with public sector HAL last June to offer end-to-end engineering services to its customers. Its clients include Boeing, EADS, GE Aircraft Engines, Dunlop Aerospace and Pratt and Whitney.
10/04/06 Daily News & Analysis
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Tuesday, April 11, 2006
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HAL pilots team for Airbus deal
Tuesday, April 11, 2006
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