Boeing, Tata to set up joint aerospace facility in Hyderabad

Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility here to co-produce Boeing AH-64 Apache helicopter fuselages and other aero structures.
•    Defence minister Manohar Parrikar on Saturday laid the foundation stone of Tata Boeing Aerospace Limited (TBAL) at the aerospace Special Economic Zone (SEZ) at Adibatla on the city outskirts.
•    The facility will also deal in integrated systems in aerospace.
•    The Hyderabad production facility will eventually be the sole producer of AH-64 fuselage globally.
•    The AH-64 Apache is the world's most advanced multi-role combat helicopter and used by the US forces as well as many other countries, including India.
•    Parrikar termed the joint venture one of the initial big foreign direct investments in defence and aerospace under the government's 'Make in India' initiative.
•    He said things would be speeded up during the current financial year and hoped that there will be more such projects by the end of 2016-17.
•    Boeing and TASL last year signed a framework agreement to collaborate in aerospace and defense manufacturing and potential integrated systems development opportunities, including unmanned aerial vehicles.
•    TASL, a wholly owned subsidiary of Tata Sons, is already on contract to manufacture aerostructures for Boeing's CH-47 Chinook and AH-6i helicopters.
•    TASL already has partnership with major players like Ruag, Cobham, Pilatus, Lockheed Martin, Sikorsky and Airbus.
•    Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.
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