Mahindra Aerostructures Pvt. Ltd (MASPL) and Aernnova Aerospace, SAU have entered into a multi-year contract valued at approximately USD 300 million. Under the agreement, MASPL will manufacture metal sub-assemblies and components for various Airbus aircraft and Embraer aircraft families, including the Embraer C390 Millennium military transport aircraft. The parts will be supplied to Aernnova facilities located in Spain, the UK, Portugal, and Brazil. The companies have been collaborating since 2013.
“This partnership with Mahindra will enable Aernnova to reinforce its supply base to secure production ramp-ups in our factories for all our programs, fulfilling our mission to deliver to our customers. We have great confidence in MASPL’s expertise and high-end technology capabilities to industrialize the different packages with the support of our technical experts in the different areas of work,” said Ricardo Chocarro, CEO of Aernnova.
“We are delighted with the confidence Aernnova has reposed on us and are grateful for their support. As we scale up our operations and make significant investments in our Aerospace business, we look forward to enhancing this partnership and scale new heights,” said Anish Shah, Group CEO and Managing Director of Mahindra Group.
“The Aernnova partnership has been of great importance to us since the inception of our business, and it is truly an exciting moment to sign this new contract with them. This contract builds significantly on our existing relationship with their UK subsidiary and also opens up several opportunities to make in India. Through incremental investment in capability and capacity, we are thrilled to showcase our value proposition across the realms of industrial process maturity, digitalization, performance and sustainability and contribute to our customers production rate ramp up plans,” said Arvind Mehra, Managing Director and CEO of Mahindra Aerostructures.
Aernnova has supported MASPL since its early facility development in India, including facility design, development, and skill-building. The partnership expanded in 2020 when Aernnova acquired Hamble Aerostructures (UK), a MASPL customer. The current contract was developed after multiple engagements exploring further collaboration. Both companies aim to progressively expand their partnership over the coming years.
Mahindra Aerostructures is part of the Mahindra Group’s aerospace manufacturing operations. It runs a large facility near Bangalore, India, producing aerospace parts, sub-assemblies, and aerostructures. The company is a supplier to several aerospace original equipment manufacturers and Tier 1 suppliers globally.
