Airbus Awards Hard Metal Components Contract To Mahindra Aerostructures

Le Bourget, June 20, 2017: Airbus SAS has awarded a long-term contract to Mahindra Aerostructures to manufacture and supply components made of hard metals – aerospace steel, titanium and Inconel for A320neo & A350XWB.

This will be the first direct work package from Airbus to Mahindra Aerostructures, who will execute the work together with its sub-tier, Segnere SAS based in France. Segnere has several years of experience working with hard metals and supplies components directly to Airbus. Products will be delivered directly to Airbus facilities in Europe from India and France, thereby providing Airbus an optimum mix of cost structures and logistics flexibility.

Mahindra Aerostructures currently operates a 250,000 sq. ft. facility near Bengaluru that started commercial deliveries in January 2015 and is already a supplier to reputed Tier 1s and to Original Equipment Manufacturers (OEMs). The existing facility caters to components made of aerospace aluminum alloys. Mahindra is now adding hard metals capabilities to execute the new Airbus contract.

Mr. S P Shukla, Chairman, Mahindra Aerospace, and Group President-Aerospace & Defence, Mahindra Group, observed that "This contract is another significant milestone in our growing relationship with Airbus and strengthens ‘Make in India’ initiative of Government of India. We are honoured by the confidence reposed in us by Airbus and reiterate our commitment to always meet and exceed expectations in our journey together."

"We are delighted and thankful to Airbus for its consistent support ever since the inception of our aerospace unit. This contract establishes us as a tier 1 supplier. We are also aware of a high degree of responsibility it places on our aerospace business" said Mr. Arvind Mehra, Executive Director & CEO of Mahindra Aerospace. "We are thrilled to be awarded this new package and will work with Segnere to ensure flawless ramp-up and timely deliveries on our commitments."

"This latest contract to Mahindra is another step forward in having more 'Made in India' content on Airbus aircraft," said Dr. Srinivasan Dwarakanath, President, Commercial Aircraft at Airbus India.

About Airbus (www.airbus.com)

Airbus is a global leader in aeronautics, space and related services. In 2016, it generated revenues of € 67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as Europe’s number one space enterprise and the world's second largest space business. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

About Mahindra Aerospace (www.mahindraaerospace.com)

Mahindra Aerospace leads the Mahindra Group’s interests in aircraft and aerostructures production. Its aerostructures business, based in India, operates a 250,000 sq. ft. plant near Bengaluru with comprehensive capabilities for sheet metal parts, surface treatment and assemblies – soft alloys at present, soon to include hard metals capability. With AS9100, NADCAP and numerous OEM / customer approvals, the business has ramped up steeply on production since January 2015, and is exporting parts and assemblies to customers worldwide. Mahindra’s aircraft business, based in Australia, produces the Airvan 8 – the most capable, rugged and versatile utility aircraft in its class. Certified in 38 countries, over 200 Airvan 8s are in service. Mahindra Aerospace is also nearing market launch of the Airvan 10 turboprop to extend Airvan 8 advantages to Jet A1 users.

About Mahindra

The Mahindra Group is a USD 19 billion federation of companies that has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise

Media contact information:

Shubhada Dharwadkar,
Group Communications,
Mahindra & Mahindra Ltd.,
Tel: 022-24901441,
dharwadkar.shubhada@mahindra.com

Neha Adhikari
Manager Communications,
Airbus India
Tel : +91 11 4580 1139
Neha.adhikari@airbus.com

Other Key Releases

Shaping the future

From solar lamps and water jugs and even prosthetic limbs, 3D printing has the potential to drive positive change in the lives of people everywhere. The Mahindra Group has now designed and implemented a pilot project to bring its benefits to semi-urban and rural India.

Back at it!

2016 has gone down in history as Mahindra Racing's most successful Moto3™ World Championship campaign to date. Goals were achieved and surpassed, causing the bar to constantly raise as the season progressed.

Reinventing supply chain

Mahindra partners with IBM to develop cloud-based Block Chain application, one of the first projects of its kind in India outside of traditional banking.