Diversified industrial manufacturer Eaton Corporation and Shanghai Aircraft Manufacturing, a subsidiary of Commercial Aircraft Corporation of China (COMAC), have signed a joint venture agreement to support the COMAC C919 single-aisle commercial aircraft program. The formation of the joint venture, the first for the COMAC enterprise with a foreign company, is subject to regulatory approvals and customary closing conditions.
The planned joint venture will be based in Shanghai and will focus on the design, development, manufacturing and support of fuel and hydraulic conveyance systems for the global civil aviation market. Total program value for C919 conveyance systems, including aftermarket opportunities, is estimated at $1.8 billion, based on an anticipated volume of 2,500 aircraft.
