Aequs bags contract from Airbus for supply of critical aircraft components

Airbus MD Srinivasan Dwarakanath (C), Chairman and CEO, Aequs, Aravind Melligeri and Olivier Cauquil (R), SVP, Material and Parts Procurement, Airbus at the signing of a contract between Airbus and Aequs in Bengaluru. (File)

Aerospace components manufacturer Aequs said on Wednesday it has signed a contract with European aircraft giant Airbus to supply crucial components for the A320 family, A330neo and A350 aircraft for a period of ten years.

Under the terms of the agreement, Aequs will make detailed, bench-mounted parts for wings, fuselage and pylons for these aircraft, Aequs said.

Aequs is a long-standing supplier to Airbus, its first Original Equipment Manufacturer (OEM) customer, and has consistently been a preferred Detailed Parts Partner (D2P) of Airbus for more than a decade.

The mandate is an important milestone not only for Aequs, but also for the Indian aerospace industry, amid the country’s growing significance as a global aerospace manufacturing hub, furthering the Make-in-India drive of Airbus is being deepened, according to Aequs.

“This contract is an important moment in Aequs’ journey with Airbus. We are proud to stand alongside the world’s largest aircraft manufacturer as a long-term strategic partner.

“It also demonstrates the confidence global OEMs have in Aequs to build deeper and longer relationships, especially at a time when the global supply chain is undergoing a recalibration,” said Aravind Melligeri, chairman and CEO of Aequs.

Aequs, the diversified contract manufacturing company founded in 2006, provides vertically integrated product solutions for the aerospace, toy and consumer durables sectors.

It currently operates manufacturing facilities in India, France and the US.

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First print: November 15, 2023 | 1:37 PM IST