Turkey’s TAI says signs $292 million deal with Spirit Aero
ANKARAThe Turkish Aerospace Industries (TAI) has announced the signing of a $292 million production deal with aircraft parts maker Spirit AeroSystems Holdings Inc.
TAI said in the May 26 statement that the deal was an extension until 2023 of its existing agreement to produce Boeing 737 MAX and LTA parts for Spirit Aero.
In addition to this, a new business package comprised of the production of mainly 737MAX-777X parts until 2023 was also signed, read the statement.
TAI was chosen the outstanding international supplier by the aircraft parts maker in 2016 for the third time, according to the statement.
With headquarters in Wichita, Kansas, Spirit operates sites in the United States, Britain, France and Malaysia, according to data on the company website.
The company’s core products include fuselages, pylons, nacelles and wing components for the world’s premier aircraft.