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EADS selects HCL as preferred supplier for engg services

Published on Thu, Jul 03 at 19:50 , Updated at Thu, Jul 03 at 20:49
Source : Moneycontrol.com

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HCL Technologies (HCL), the global IT services provider, today announced that it has been chosen as a key partner to provide product engineering services and technical publication services to EADS. EADS, a global leader in aerospace defence and related services, has chosen 28 tier-one partners - out of its existing pool of around 2,000 suppliers. Part of its global sourcing strategy, this move will enable EADS to achieve significant cost reductions, increase its global competitiveness and widen its global industrial reach.

 

Currently EADS spends about € 2 billion per year on engineering services, which includes research, modelling, flight physics and design of aircraft. The consolidated supplier base, which covers the entire EADS Group, will lead to significant cost reductions.

 

The services provided by HCL will be delivered to the EADS Group via EADS’ Indian Design Centre in Bangalore. Rajeev Sawhney, President Europe, HCL Technologies, commented on the selection: “This is a further example of the growing strategic relationship between the aerospace industry and India. HCL has been at the forefront of that relationship since its inception, based on the breadth and depth of its aerospace skills and the engineering expertise it has at its disposal. HCL’s innovative outsourcing business models make it a key transformational partner for aerospace companies worldwide.”

  

Sourced From: Genesis Burson-Marsteller

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