Friday, February 05, 2021

HAL, GE Aviation sign over Rs 100 crore contract for supply of forgings

Bengaluru: Hindustan Aeronautics Ltd NSE 3.79 % on Thursday signed a contract valued over Rs 100 crore with GE Aviation for development and supply of ring forgings for its Aviation military and commercial engine programs.

The five-year contract involves supplying both steel and nickel alloy forgings for shrouds, cases, rings and seals, HAL said in a release.

With this contract award, GE Aviation has initiated the development of a raw material supply chain in India as part of its 'Make in India' and 'AatmaNirbhar Bharat' strategy, it said, adding that the award of contract followed HALs successful bidding in GEs Global request for quotes (RFQ).

Chandrashekhar Yavarna, Senior Director, Global Sourcing Strategy, GE Aviation, handed over the contract document to M S Venkatesh, Executive Director, Foundry Forge Division during the ongoing Aero India 2021 here.

The ring forgings will be manufactured at HALs newly established, state-of-the-art ring rolling facility at the Companys Foundry and Forge Division in Bengaluru.

The division has, after a rigorous audit process, obtained GE Aviation approvals for its quality system and special processes, HAL said.

HALs Foundry & Forge Division in Bangalore specialises in manufacturing of seamless rolled rings in aluminum, nickel and titanium alloys and various grades of steel for civil and military aero-engines and space applications, the company added.

04/02/21 PTI/Economic Times

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