PTCIL Subsidiary Aerolloy Signs Landmark Deal with Airbus for Titanium Castings
PTC Industries' subsidiary, Aerolloy Technologies, has signed a landmark agreement with Airbus for Titanium castings for A320neo, A330neo, and A350 aircraft. Aerolloy will supply fully machined, ready-to-fit components, validating the 'PTC ONE™' strategy and supporting 'Make in India'.
Securing a deal with a major player like Airbus for key aircraft programs is expected to have a substantial positive impact on the company's future revenue, market position, and overall growth trajectory in the aerospace sector.
The agreement with Airbus, a major global aircraft manufacturer, for critical components like Titanium castings represents a significant business development and a strong validation of the company's capabilities and strategic direction.
PTC Industries Limited announced that its wholly owned subsidiary, Aerolloy Technologies Limited, has signed a significant agreement with Airbus. This landmark deal involves the development, production, and supply of Titanium castings for major Airbus aircraft programs, including the A320neo, A330neo, and A350.
Under the agreement, Aerolloy will supply fully machined, ready-to-fit Titanium castings. This will be achieved through its integrated manufacturing process, which encompasses everything from Titanium material production to the final aerospace component. The agreement establishes a pathway for Aerolloy to progress into serial production, contingent upon successful completion of Airbus' qualification and program requirements.
This development is a strong validation of PTC Industries' 'PTC ONE™ — From Melt to Mission™' strategy, demonstrating Aerolloy's integrated capability in Titanium material, precision casting, machining, inspection, and aerospace execution. The agreement also aligns with the 'Make in India, Make for the World' initiative, supporting the creation of advanced Titanium aerospace components in India for global commercial aircraft. Mr. Sachin Agarwal, Chairman & Managing Director of PTC Industries Limited, expressed pride in this achievement, highlighting the integrated nature of the responsibility and its significance in deepening Aerolloy's role in the global commercial aerospace value chain.
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