Azad Engineering Limited has been awarded a prestigious contract valued at $16 million by Honeywell Aerospace ISC, USA for manufacturing and supplying complex components for the aviation industry. This is a Phase 1 award and expands the strategic collaboration between the two companies.
This award marks a major milestone in Azad Engineering’s strategic collaboration with Honeywell and underscores its commitment to meeting the growing global demand for high-complexity components in the aviation sector.
Key Highlights of the Agreement
- Parties Involved: Azad Engineering Limited and Honeywell Aerospace ISC, USA.
- Order agreement: Azad, Engineering Limited received a business award from Honeywell Aerospace ISC, USA, for manufacturing and supply of high complex components to meet the global demand in the Aviation industry.
- Shareholding: There are no shareholding ties between Azad Engineering and Honeywell Aerospace.
- Related Party Transactions: The contract does not fall under related party transactions, ensuring transparency and compliance with regulations.
- Domestic or International: International
TOPICS:
Azad Engineering