Business Process Outsourcing News and Information

India’s Hindustan Aeronautics Limited (HAL) has locked a one-billion dollar manufacturing outsourcing deal with American aerospace biggie Boeing for over ten years.

The Indian defense public sector undertaking will manufacture subsystems for Boeing's wide range of fighter planes like F-15, F-18 Super Hornetts and Apace Helicpoters reports TOI.

The American company has informed the media the outsourcing does not attach any stings. Boeing is also looking at some big defense contracts from India. India is scheduled to purchase 126 multi-role combat aircraft and eight long-range maritime reconnisance planes.

Jim Albaugh, president and CEO of Boeing's Integrated Defence Systems said,

Under the agreement, Boeing and HAL will explore business opportunities aimed at transfering work packages to India with an initial value of $10-$20 million annually. Boeing would also support Hindustan Aeronautics Ltd in developing manufacturing processes and capabilities needed for the production of hardware for Boeing and/or its subcontractors.

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