Pune / Chennai, Feb. 17, 2016–Boeing [NYSE: BA] and Bharat Forge Limited (BFL) announced the first shipment of titanium flap-track forgings made by the Indian supplier for Boeing’s Next-Generation 737. Bharat Forge will also supply forgings for the 737 MAX, scheduled to enter into service in 2017.
The companies continue to address opportunities to expand BFL work in support of Boeing and its supply chain partners around the world. BFL also intends to expand its capabilities to offer higher value machining and manufacture of assemblies.
Baba Kalyani, Chairman and Managing Director, Bharat Forge said, “BFL is truly honored to become India's only forging company to be included in Boeing’s globally approved vendor list for titanium forgings. The fact that we have achieved this milestone including all regulatory approvals in a very short timeframe is a testament to our technology and capability. I would like to thank Boeing and our supplier partners for their strong support over the past two years.
BFL keenly looks forward to working with Boeing and its supply chain partners to grow our relationship to significant levels. In addition to continually enhancing and upgrading our capabilities in BFL, we will also pursue merger and acquisition options – especially for machining and assembly, to accelerate our progress to become a significant player in the global aerospace component business"
“Shipment of the first titanium forging from India is a significant step towards building a capable and competitive supply chain in India for Boeing. This is yet another proof point of Boeing creating an aerospace ecosystem in India,” said Pratyush Kumar, president, Boeing India.
