Aerostructures Assemblies India (AAI)awarded contract from Saab tomanufacture A321Neo Over Wing Door(OWD) structural assemblies

February 21, 2019

Aerostructures Assemblies India Pvt. Ltd. (AAI), a joint Venture betweenAequs Aerospace and Saab AB (publ), has been awarded a contract fromSaab Aerostructures to manufacture the structural assembly for the OverWing Doors (OWD) on the Airbus A321neo program. The Over Wing Doorsare a critical part of the aircraft used for emergency exits. There are 4 OverWing Door on the A321Neo aircraft. The structural assembly is comprised ofmachined aluminum parts which will be assembled by the AAI team inBelagavi, Karnataka, India and delivered to the Saab AerostructuresAssembly Line in Linköping, Sweden.

AAI has evolved into a strong supply chain player for producingaerostructures assemblies in India. AAI has been delivering door plugs forAirbus’ A321neo Cabin Flex configuration since 2017 and produced wingpanels and D-nose assemblies for the A380 program since 2014. Besidesend products, its capabilities also include development of assembly tools,jigs, and fixtures.

With this award, Saab and AAI further cement its strong partnership.Production deliveries will begin at the end of 2019 and ramp up insubsequent years.

The AAI facility is located within the Aequs SEZ, the country’s first NotifiedPrecision Engineering Special Economic Zone (SEZ), at Belagavi, Karnataka.Aequs has been recognized by Airbus as a top Detailed Parts Partner (D2P)since 2016. The company has vertically integrated multiple stages of thesupply chain – from forging and machining, to assembly and surfacetreatment – at its SEZ spanning 250+ acres.

Lars Jensen, Vice President and Managing Director of Saab Aerostructuresadded, “It is a great privilege to be able to place this work Package with AAI.It is a result of hard work and joint efforts and we are pleased to both

support the growth of the company and Airbus’ position in India with thisaward.”

Aravind Melligeri, Chairman & CEO of Aequs Group, said, “Our journey withAirbus has come a long way and our enduring partnerships arestrengthened by the recognition we have received over the years. Thiscontract, in partnership with Saab, represents another critical element inour support of Airbus. It further establishes our competence in deliveringaero structure assemblies to global clients while creating value in thesupply chain.”

Headquartered in Belagavi, India, Aequs has manufacturing facilities in theUS and France as well. It also holds the distinction of being India’s fastestgrowing precision manufacturing company and among a handful of Indiancompanies with the capability to deliver to global clientele such as Airbus,Boeing, Collins Aerospace, Safran, Eaton, Honeywell Aerospace,Bombardier, Dassault, to name a few. Aequs continues to consolidate thesupply chain and embrace state-of-the-art technologies that would furtherboost the ecosystem.

Currently, Aequs aerospace is showcasing this unique award-winningecosystem at Hall C, Booth 2.7 at Aero India 2019.

Media Contacts: communications@aequs.com