Boeing flies into Adibatla Aerospace SEZ with Tata Group and sets up TATA Boeing Aerospace Limited

(Excl Ventures News.)Defence Minister Manohar Parrikar laid the foundation stone of Tata Boeing Aerospace Limited (TBAL ) at the Aerospace Special Economic Zone (SEZ) at Adibatla on the city outskirts, today.

Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility here to co-produce Boeing AH-64 Apache helicopter fuselages and other aerostructures.

The facility will also deal in integrated systems in aerospace. The HYDERABAD production facility will eventually be the sole producer of AH-64 fuselage globally.

The AH-64 Apache is the world''s most advanced multi-role combat helicopter and used by the US forces as well as many other countries, including India.

�The joint venture between Tata and Boeing is a significant step in developing India�s capabilities for aerospace & defense manufacturing and becoming a global exporter. This is a clear example of the significant progress made towards �Make in India for defense,� said Shri. Manohar Parrikar, Union Defence Minister. �I am delighted to see Boeing and Tata step forward and make this significant investment in India."

Speaking on the occasion, S. Ramadorai, Chairman of Tata Advanced Systems Ltd (TASL), said, �Today�s ground-breaking ceremony is a significant milestone in furthering our commitment to the Indian aerospace sector. With the advent of the Industrial Revolution 4.0 this partnership could boost the emerging manufacturing sector, contributing to the Hon''ble Prime Minister''s vision of Make in India. I am positive that this joint venture which brings together the core strengths of both companies will help take this strategic relationship to the next level."

�Today�s groundbreaking is the next step in Boeing and TASL�s journey to develop key technologies and capabilities,� said Dave Koopersmith, Boeing vice president, Vertical Lift, and board member of TBAL. �We will be making significant investments to ensure the success of this joint venture as we bring value to our customers globally and compete for additional manufacturing work in the global market.�

Boeing and TASL last year signed a framework agreement to collaborate in aerospace and defense manufacturing and potential integrated systems development opportunities, including unmanned aerial vehicles.

TASL, a wholly owned subsidiary of Tata Sons, is already on contract to manufacture aero-structures for Boeing''s CH-47 Chinook and AH-6i helicopters.

TASL already has partnership with major players like Ruag, Cobham, Pilatus, Lockheed Martin, Sikorsky and Airbus.

Boeing is the world''s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.
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