- 08 Sep 2022
- ICICIdirect Research
Spirit signs five-year agreement with Infosys to co-innovate aerostructure, system engineering services
INFY - 1944 Change: 10.35 (0.54 %)News: Infosys has informed the stock exchange that it has signed a five-year agreement with Spirit AeroSystems Inc, one of the largest manufacturers of aerostructures for commercial airplanes, defence platforms & business/ regional jets. Infosys will provide aerostructure & systems engineering services for product development of commercial, business jets and emerging aircraft programs & maintenance, repair and overhaul (MRO) services. The company has not disclosed the deal size.
View: This strategic collaboration builds on 16 years of longstanding relationship between the two organisations, during which Infosys has provided innovative design solutions for some of Spirit’s aerostructure programs earlier. The Aerospace Center of Excellence at Infosys has a track record of world-class execution of design and engineering solutions for over 22 years. With deep capabilities in aero structure design spanning conceptualization to release, Infosys collaborates with seven of the top 10 global aerospace companies and has been recognised as a leading player in aerospace and defence manufacturing.
Impact: Neutral.