Page 6 - Aerospace

Aerospace major P&W opens new customer service centre in Bengaluru

US aerospace major Pratt & Whitney on Wednesday announced the establishment of a new Customer Service Centre (CSS) in Bengaluru. As part of the company's India Capability Centre, the new facility will drive customer service and operations support for Pratt & Whitney Canada's 68,000 engines in service globally, the company said. Co-located with Pratt & Whitney's supply chain operations, engineering, and digital transformation centres of excellence in India, CSS will deliver a range of services such as MRO support, spare part management, engine leasing, engine reliability analysis and contract administration. The facility will employ over 150 aerospace experts and engineers who will support a global customer service ecosystem, it added. The centre is expected to cater to clients, including domestic and global airlines, original equipment manufacturers, MROs, regulatory bodies and small operators, Pratt & Whitney said. "With the new Customer Service Centre, we are ...

HAL looks to build light helicopters to develop medium chopper expertise

The second and concluding part of the series on India's indigenous aerospace industry traces HAL's strategy to retain its position as the country's top-performing defence PSU

Cognizant Technologies to acquire Belcan for $1.3 billion in cash and stock

The deal would expand Teaneck, New Jersey-based Cognizant's footprint in the aerospace, defense, space and automotive sectors

Defence manufacturer MTAR Technologies shares sink 16%; here's why

On Tuesday, the company posted its Q4FY24 results. Revenue from operations surged 21.1 per cent year on year and stood at Rs 143.0 crore in Q4FY24 as against Rs 118.4 crore

As India orders more planes, aerospace firms ask govt for a helping hand

Indian aerospace manufacturers are eyeing a boost in orders from local airlines, aiming to strengthen ties with international giants like Airbus and Boeing

GE Aerospace to invest Rs 240 cr to upgrade Pune manufacturing facility

GE Aerospace on Thursday announced its plans to invest over Rs 240 crore (around USD 30 million) to upgrade its manufacturing facility in Pune. The investment will be used to add new projects and manufacturing processes in the facility by acquiring machines/equipment and specialised tools along with capacity enhancement of existing products, the company said in a statement. Inaugurated in 2015, the Pune facility produces components for commercial jet engines. "This investment helps us to continue our growth in aerospace in India, giving us the resources we need to meet increasing customers' demand," said Amol Nagar, managing director for GE Aerospace's Pune facility. The components produced at the plant are supplied to GE's global factories where they are used to assemble G90, GEnx, GE 9X commercial jet engines, and the LEAP engines by CFM, which is a GE and Safran joint venture, according to the statement. The facility has been instrumental in developing local aerospace manufactu

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

IAI enhancing commitment to Make in India in defence: CEO Boaz Levy

IAI president and chief executive officer (CEO) Boaz Levy and IAI Air and Missile Defence Division vice-president & general manager Dror Bar speak about their strategy for India

Bridging borders: Israel partners with India to shape future technology

The government-owned IAI specializes in providing state-of-the-art systems for air, ground, sea, space, and cyberspace applications

Cross connection: Starlink's India signal may take longer to connect

A satellite mega-constellation called Starlink G60 is being built in Shanghai by state owned Chinese firms

Analysts remain selective on space-related stocks as govt eases FDI norms

Valuations wise, most are trading at price to equity multiples of 50-100 times on a 12-month trailing basis, data from BSE shows. Apollo Micro Systems, for instance, commands a PE of 152 times

Won't be long before Boeing makes aircraft in India, says PM Modi

Modi stressed the need to build an aircraft manufacturing ecosystem in India as he highlighted the potential of India's strong network of MSMEs, huge talent pool, and stable government in India

Mahindra Aerostructures to supply 5,000 varieties of components to Airbus

Mahindra Aerostructures will supply close to 5,000 varieties of metallic components to Airbus in Germany, under a new manufacturing and supply contract with the European aviation major, the company said on Wednesday. The latest award from Airbus Aerostructures GmbH covers all Airbus commercial aircraft models, including A320 family aircraft, Mahindra Aerostructures Pvt Ltd (MASPL) said in the statement. The contract adds to existing MASPL programs to deliver parts directly to Airbus at their facilities in Toulouse, France, it said. "With this new contract we further expand our relationship (with Airbus Aerostructures Gmbh) and increase our participation in the 'Make In India' initiative of the Indian government. We look forward to delivering on our commitments and continuing this journey of collaborative growth," said Vinod Sahay, President, Aerospace & Defence & CPO, Auto & Farm Sectors, Mahindra & Mahindra Ltd. The Bengaluru-based MASPL has been a direct supplier to .

Jyoti CNC makes decent debut; extends gains with 29% surge over issue price

Till 12:11 am, the stock touched a high of Rs 426 on the BSE

DGCA suspends Anil Gill; Scindia says 'zero tolerance to malpractices'

It has been alleged that Anil Gill, as Director of the Flying and Training Division at the DGCA, misused his authority to obtain three aircraft as bribes from flying schools

Rolls-Royce successfully powers up UltraFan technology demonstrator

The initial stage of the test was conducted using 100 per cent Sustainable Aviation Fuel

Karnataka-based Aequs bags Airbus contract to supply aircraft components

Karnataka-based Aequs will make parts for wings, fuselage, and pylons for Airbus' A320, A330neo, A350 aircraft

Raymond Group to acquire 59% stake in Maini Precision for Rs 682 crore

The acquisition will be concluded through Ring Plus Aqua, a subsidiary of JK Files and Engineering

Raymond Group to acquire 59.25% stake in Maini Precision for Rs 682 cr

With this acquisition, Raymond's engineering business will emerge as a large‐scale provider of engineering, automotive, electric vehicle (EV), aerospace and defence components

CSIR-NIIST, HAL sign MoU to strengthen indigenisation in aerospace sector

Kerala-based CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) signed an MoU on Thursday with Hindustan Aeronautics Ltd (HAL), Bengaluru for a collaboration in the nation's aerospace and defence sectors, NIIST said. NIIST said that it would be collaborating with HAL on strengthening the indigenisation and import substitution programme for the nation's aerospace and defence sectors, as envisioned by the Atmanirbhar Bharat initiative. The MoU, signed and exchanged in Bengaluru, involves the development of magnesium and aluminium alloy castings and deals with related areas for the aerospace and defence sectors, it said in the release. The Memorandum of Understanding (MoU) was signed in the presence of senior scientists and officials from both organisations, the release said. "The MoU facilitates CSIR-NIIST to collaborate on human resource utilisation, facility utilisation, technology support services, consultancy services and collaborative research work