Rolls-Royce inks seven-year deal with Azad Engineering for military aircraft engine components
Rolls-Royce Plc has formalized a pivotal seven-year agreement with Azad Engineering, based in Hyderabad, aimed at the production and supply of intricate components crucial for its defense aircraft engines.
Azad Engineering's disclosure to the bourses on Monday underscored the strategic significance of this collaboration, positioning the company within the global supply chain for the intricate components essential to Rolls-Royce’s cutting-edge aero engines.
Expanding Global Footprint:
Under the seven-year commitment, Azad Engineering will play a key role in manufacturing and supplying critical engine parts designed for Rolls-Royce’s defense and military aircraft engines.
This represents a noteworthy stride for Azad Engineering, as it enters the global supply chain for the production of technologically advanced components critical to Rolls-Royce’s aerospace pursuits. The agreement focuses on the production of highly intricate rotating components tailored for various platforms within Rolls-Royce’s defense and military engines.
Positive Outlook from Key Figures:
Alex Zino, Executive Vice President of Rolls-Royce, expressed satisfaction with the collaboration, stating, “Strong collaboration has been at the heart of Rolls-Royce’s journey of success in India." Zino emphasized the partnership's role in strengthening the defense ecosystem and expanding the supply chain within India.
