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Sikorsky Aircraft & Tata Advanced Systems sign MOU Print E-mail
Written by Vijay   
Monday, 18 February 2008
New Delhi: Sikorsky Aircraft Corp. today announced the signing of a Memorandum of Understanding for teaming up with Tata Advanced Systems to manufacture S-92® helicopter cabins in India.  Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX). Tata Advanced Systems is a wholly owned subsidiary of Tata Industries focused on providing integrated solutions for Defence and Aerospace.

The Tata Group is one of India's oldest and largest conglomerates with businesses spread over seven sectors and comprised of 98 companies operating on six continents.

“India represents an expansive rotorcraft market with enormous potential and opportunity,” said Sikorsky President Jeffrey P. Pino. “While we are only in the most preliminary of stages, I am most excited at the possibility of working with the well known and admired Tata Group, and tapping into India’s skilled aerospace industry and capability.”

Tata Industries believes that this manufacturing facility for the S-92 helicopter cabin will offer productivity gains to Sikorsky while bringing new manufacturing technology to India. This initiative forms important part of the larger strategy for this sector.

S-92 cabin will be displayed at the Tata Pavilion at the Defexpo 2008 show in New Delhi beginning from Feb16, 2008.

Sikorsky Aircraft Corp., based in Stratford, Connecticut, USA, is a world leader in helicopter design, manufacturing and service. The company’s mission statement reflects its long commitment to safety and innovation: “We pioneer flight solutions that bring people home everywhere … every time™.“ United Technologies Corp., based in Hartford, Connecticut, USA, provides a broad range of high technology products and support services to the aerospace and building systems industries.

The Tata Group is one of India's largest and most respected business conglomerates, with revenues in 2006-07 of $28.8 billion (Rs129,994 crore), the equivalent of about 3.2 per cent of the country's GDP, and a market capitalization of $65 billion (as on Feb 8, 2008). Tata companies together employ over 300,000 people. 

Last Updated ( Tuesday, 02 June 2009 )
 
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