Bangalore. 13 May 2016. Airbus has contracted Aequs Aerospace to supply over 100,000 titanium machined parts for the A320neo (new engine option) programmeand they will be produced at the aerospace machining facility of Aequs at the Special Economic Zone in Belagavi in North Karnataka.
Srinivasan Dwarakanath, President of Airbus Commercial Division in India said Aequs will be the global supplier for titanium parts to Airbus. Airbus has a long-standing relationship with Aequs and has produced detail machined parts for its single aisle, long range, and large aircraft since 2009, including wing leading edge sub-assemblies for its A380.
This award will help us to achieve our targeted revenue of $300 million by 2020,said Aravind Melligeri, Aequs chairman and CEO .
The recently commissioned Airbus facility at Aequs’ Belagavi SEZ employs the latest in machine technology with quality processes that meet or exceed Airbus standards.