GE Aerospace, Tata Advanced Systems Extend $1-Billion Contract For Aircraft Engine Components

GE Aerospace and Tata Advanced Systems have extended their long term contract worth $1 billion.

GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth $1 billion for production and supply of several commercial aircraft engine components.

The engine parts will be manufactured at the Tata Centre of Excellence for Aero Engines (Tata-TCoE).

In a joint release on Friday, GE Aerospace and Tata Advanced Systems Ltd (TASL) said they have extended the manufacturing agreement under which TASL will continue to produce and supply several commercial aircraft engine components to GE's global engine manufacturing factories.

"The multi-year long term contract is valued over $1 billion and showcases the growing relationship between GE and TASL in the aerospace industry," the release said.