Sansera Engineering Ltd enters into contract with Airbus

Sansera, known for developing complex and critical precision engineered components for the automotive and non-automotive sectors over multiple decades, has entered a long-term contract of value approx. INR 1,600.00 million (USD 18.80 million) with Airbus Defence and Space for the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs.

The ICTM is an advanced airborne medical evacuation system designed to transport patients with varying levels of medical criticality, including those requiring intensive care, during emergencies and health crises.

For the first time, Airbus has selected Sansera, an Indian supplier for the manufacturing of the ICTM Kit. Under this contract, Sansera will be responsible for the precision machining and structural assembly of the ICTM units.

Commenting on this Mr. S Sekhar Vasan, Chairman & Managing Director of Sansera said: "I am proud to announce that Sansera has been selected as the Indian supply chain partner for Airbus, a leading global aerospace & defence company. This strategic partnership positions us as their trusted supplier for the manufacture, supply, and support of the Airborne Intensive Care Transport Module for light and medium transport aircraft programs, marking a significant milestone in our journey as a precision manufacturing leader. This achievement reflects decades of excellence in innovation, automation, and quality that have established Sansera as a trusted name in the global aerospace supply chain and defence industry. This partnership not only strengthens the Hon'ble Prime Minister's Make in India initiative by establishing advanced aerospace manufacturing capabilities in India but also position us in the international market and India's self-reliance in critical defence and aerospace technologies."

Shares of Sansera Engineering Ltd was last trading in BSE at Rs. 1340.10 as compared to the previous close of Rs. 1361.30. The total number of shares traded during the day was 15898 in over 1759 trades.

The stock hit an intraday high of Rs. 1400.00 and intraday low of 1334.90. The net turnover during the day was Rs. 21742174.00.

Source : Equity Bulls

Keywords

SanseraEngineering AutoPartsandEquipment INE953O01021 Contract Airbus ICTM