TASL collaborates with Boeing to come up with new JV
Q. TASL has collaborated with which company to launch a JV called TBAL?- Published on 22 Jun 16a. Boeing
b. Lufthansa
c. Reliance Defence
d. Honeywell
ANSWER: Boeing
Tata Advanced Systems Limited and Boeing on June 18, 2016 celebrated the laying of a fresh facility in Hyderabad for JV named Tata Boeing Aerospace
- JV has also been established to co-produce Boeing AH-64 Apache helicopter fuselages and other aero structures and pursue integrated systems in aerospace
- Facility has been under development for pursuing a framework agreement between the two companies in July 2015
- The JV location is in Adibatla IT and Aero SEZ (TATA Aerospace SEZ) about 50 km from Hyderabad
- Manufacturing aerospace and defence products like UAVs are essential here.
- It will also produce Ah-64 fuselage on a global scale and has been flown or selected for acquisition by US and 15 other nations including India