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Wipro, CESA partner to produce aerospace actuators

Posted: 01 Jun 2011 ?? ?Print Version ?Bookmark and Share

Keywords:aerospace actuators? precision engineered? Greenfield venture?

Indian firm Wipro Infrastructure Engineering and Compania Espanola De Sistemas Aeronauticos SA, the Spanish subsidiary of Aerospace and Defense Corp., have agreed to collaborate on the production of precision-engineered components for the aerospace and defense sector.

The agreement involves transfer of technology as well as manufacturing workload for aerospace actuators and related precision-engineered components from CESA to Wipro, the companies stated.

In an initial phase, Wipro said it intends to invest about $15 million to set up a Greenfield venture for the manufacture of components in the new aerospace special economic zone being set up by the Karnataka government at Devanahalli.

Serial production is expected to start toward the end of 2012, Wipro said.

- Anne-Fran?oise PELE
??EE Times





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