𝐒𝐢𝐠𝐦𝐚 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐛𝐚𝐠𝐬 £𝟑𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐟𝐫𝐨𝐦 𝐑𝐨𝐥𝐥𝐬 𝐑𝐨𝐲𝐜𝐞

Sigma Advanced Systems has signed a seven-year agreement valued nearly £300 million (around ₹3,800 crore) with Rolls-Royce to manufacture and supply a wide portfolio of high-precision-engineered, safety-critical components and assemblies for the latter’s aerospace programmes.

The contract provides a long-term revenue stream and stronger visibility over future growth, Sigma said. It is a programme-level partnership delivered through its manufacturing network across India and the UK. The partnership builds on an existing relationship. With proximity, engineering collaboration, and programme alignment in the UK, the company cements its transition from a system player to a more integrated manufacturing partner capable of handling larger work packages, the company said.

An aerospace and defence company with more than three decades of manufacturing experience, Sigma operates across India and the UK, with expansion under way in the U.S. The company works with global aerospace and defence OEMs at the programme level through long-term agreements and delegated responsibilities.

source : The Hindu

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