SIKA Interplant Systems Ltd inks license agreement with Collins Aerospace to establish MRO facility

SIKA Interplant Systems Limited ("SIKA") has entered into a License Agreement with Goodrich Actuation Systems SAS (France) and Goodrich Actuation Systems Limited (UK), each a part of Collins Aerospace ("Collins").

Under this agreement, SIKA will be licensed to undertake maintenance, repair and overhaul (MRO) of specific primary flight control actuation part numbers(the "Components") for which Collins is the original equipment manufacturer (OEM). These Components are standard installations on all Airbus A320/A321 series aircraft.

As per the License Agreement, SIKA is authorised to service Components from aircraft registered in India and select neighbouring countries as defined in the agreement.

This collaboration aligns with SIKA's strategic objective of expanding its MRO capabilities to better serve aviation and aerospace customers in India and the region.

Source : Equity Bulls

Keywords

SIKAInterplantSystems LicenseAgreement CollinsAerospace MROFacility