Mahindra Group bags multi-million dollar aerospace deal with Airbus

Discussion in 'Defence & Strategic Issues' started by Lions Of Punjab, Jun 16, 2015.

  1. Lions Of Punjab

    Lions Of Punjab Regular Member

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    SOURCE: ECONOMIC TIMES

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    In a boost to prime minister Narendra Modi’s Make in India initiative,Airbus Group announced to award aero-components production contract to Mahindra Group

    The contract has been awarded to Mahindra Group subsidiary, Mahindra Aerospace by an Airbus Group company, Premium AEROTEC of Germany. “The multi-year contract envisages the manufacture and supply by Mahindra of a variety of metallic components that will be fitted into several Airbus aircraft programs as part of assemblies produced by Premium AEROTEC,” said a release from the company.
    The release added that Mahindra Aerospace’s deliverables under this contract will be in excess of a million parts per annum.

    The parts will be produced at the new Mahindra Aerostructures facility located at Narsapura, near Bengaluru, India. Deliveries to Premium AEROTEC’s facilities in Germany are scheduled to commence this year, release further said.

    Announcing the contract award during the 2015 Paris Air Show at Le Bourget, senior representatives of the Airbus and Mahindra groups mentioned that this contract is aligned with the Indian Government’s ‘Make in India’ initiative and validates the two Groups’ commitment to accelerate India’s participation in the global aerospace industry while simultaneously creating high-growth opportunities within India’s burgeoning aerospace and defense eco-system.

    http://idrw.org/make-in-india-mahindra-group-bags-multi-million-dollar-aerospace-deal-with-airbus/
     
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  3. avknight1408

    avknight1408 Regular Member

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  4. Zebra

    Zebra Senior Member Senior Member

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    http://in.reuters.com/article/2015/07/03/airbus-group-mahindra-helicopters-idINKCN0PD0TM20150703

    Airbus to build military choppers in India with Mahindra

    Business News | Fri Jul 3, 2015 2:38pm IST

    NEW DELHI

    Europe's Airbus Group(AIR.PA) and India's Mahindra Group have struck a deal to build helicopters jointly as they bid to win an expected wave of orders from the country's armed forces, the companies said in a statement on Friday.

    The two groups will form a joint venture in the coming months, aiming to become the first private manufacturer of helicopters in India, the statement said. It did not say how much the two will invest.

    India is in the midst of a huge upgrade of its armed forces - analysts forecast it will spend $250 billion over the next decade - and Prime Minister Narendra Modi wants to encourage more indigenous manufacturing to end India's position as the world's largest arms importer.

    Airbus Helicopters, part of Airbus Group, is joining forces with Mahindra after talking to several Indian companies that are investing hundreds of millions of dollars to capitalise on the government's push to build arms at home.

    Other companies in the running for the joint venture included Reliance Industries (RELI.NS) and Tata Group, an Airbus Helicopters executive told Reuters in February.

    "Together, we will produce India’s next-generation helicopters that will not only answer our country’s defence needs but will also have the potential for exports in the future," said S. P. Shukla, chairman, Mahindra Defence Systems Ltd.

    The joint venture will seek to win orders for reconnaissance and surveillance, naval utility and naval multirole helicopters, Airbus said.

    Under current rules, foreign ownership in joint ventures in India's defence industry is limited to 49 percent.



    (Reporting by Tommy Wilkes; Editing by Muralikumar Anantharaman)
     
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  5. Zebra

    Zebra Senior Member Senior Member

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    30...........characters ....................................
     
  6. Zebra

    Zebra Senior Member Senior Member

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  7. Abhijeet Dey

    Abhijeet Dey Regular Member

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    Airbus Eyes Sikorsky, No Word on Possible Bid

    http://www.wsj.com/articles/airbus-eyes-sikorsky-no-word-on-possible-bid-1434440695

    LE BOURGET--Airbus Helicopters is keeping an eye on United Technologies Corp.’s planto unload helicopter maker Sikorsky Aircraft, President Guillaume Faury said on Tuesday though he wouldn’t commit to making a bid for the business.

    UTC said on Monday it would sell or spin off Sikorsky, the maker of Black Hawk helicopters and a major U.S. defense contractor, within 60 days.

    “We are in a fast changing environment,” Mr. Faury said as he called the Sikorsky development “important in our industry.” Airbus Helicopters is a wholly owned unit of Airbus Group SE, best known as a maker of passenger jets.

    UTC’s decision to ditch Sikorsky comes as business demand for helicopters is under pressure as falling energy prices have led to cost cutting in the oil and gas sector. “The market is a difficult market as we speak,” said Mr. Faury.

    Airbus isn’t the only company possibly interested in Sikorsky. UTC’s review of the business has also triggered interest from Boeing Co., Lockheed Martin Corp. and TextronInc., according to people familiar with the situation.

    Meanwhile, Airbus Helicopters has other new projects on the go.

    Mr. Faury said the European helicopter maker is embarking on a two years study for a new heavy-lift helicopter that would emerge next decade. “We want to continue to drive the change in the industry, we will continue to innovate,” he said.

    The new rotorcraft would principally target the oil and gas market and search-and-rescue missions, he said. The rotorcraft will feature a fly-by-wire system to ease piloting and offer greater range and more fuel efficiency than the H225 now in service..

    “The business case is something we will be addressing in detail during the concept phase,” Mr. Faury said. Detailed specifications also are only now being developed.

    Airbus on Saturday flew for the first time its H160 medium-lift helicopter once called the X4.

     
  8. The enlightened

    The enlightened Regular Member

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    What military choppa? LUH already gone to Russians. NMRH Part-1 to Sirosky. NMRH Part-2 should also go there and even if not, Airbus doesn't have any ASW, ASuW capable choppa. Anything left?
     
    Last edited: Jul 3, 2015
  9. ezsasa

    ezsasa Senior Member Senior Member

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    Good point. Was wondering the same thing. Unless they want to export from india, makes no sense.

    But then again they can start manufacturing components for other domestic manufacturers.
     
  10. The enlightened

    The enlightened Regular Member

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    Why create a JV for that. Airbus can simply outsource it to Tata. Which begs another question, why is Airbus making a new JV? It already has a successful order with Tata.
     
  11. avknight1408

    avknight1408 Regular Member

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  12. avknight1408

    avknight1408 Regular Member

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    Tata already has a JV with sikorsky to make helicopters. So obviously airbus wont have a Helicopter JV with tata
     
  13. The enlightened

    The enlightened Regular Member

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    Ah. That must be it.
    Panther is small. Smaller than Dhruv. RFI called for 9-12.5 ton helo.
     
  14. aliyah

    aliyah Regular Member

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    will it be rotary blades on scorpio ? :)
     
  15. manindra

    manindra Regular Member

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    Naval utility Helicopters RFP is for 4.5 ton class.
     
  16. Zebra

    Zebra Senior Member Senior Member

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    Yes, but in light to medium category.

    http://www.airbushelicopters.com/website/en/ref/AS565-MBe_48.html

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    And for Sikorsky , if I am not wrong , no news about contract as of yet. :sad:
     
    Last edited: Jul 4, 2015
  17. The enlightened

    The enlightened Regular Member

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  18. avknight1408

    avknight1408 Regular Member

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  19. The enlightened

    The enlightened Regular Member

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    This is a few months old I guess.

    [​IMG]
     
  20. manindra

    manindra Regular Member

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  21. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    Mahendra has a good reputation in USA with farmers many use the Mahendra tractors.
     
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