Israel Aerospace Industries signs strategic teaming agreement

Israel Aerospace Industries and Wipro Enterprises have entered an agreement to collaborate in manufacturing of composite aero structures in India’ including establishing a facility for this purpose. Among others, the agreement stipulates that IAI will transfer technology and assist Wipro in building a plant for manufacturing and assembly of aero structures for the civilian aerospace sector. The agreement forms the foundation for broader future collaboration between the two companies in India and is expected to support IAI’s leadership in this arena while supporting the implementation of future projects. The agreement cements the close relationship between IAI and the Indian industry, which started 25 years ago and is naturally developing now into aerospace field. To date, the collaboration found its expression in ongoing support by IAI to local companies in India. The establishment of a composite aero structure manufacturing plant will allow India to act on its decision to expand its activity in the aerospace market and offer a range of aerospace structures.