Mahindra Aerostructures, a unit of Indian automaker Mahindra and Mahindra, has won an order from Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter, the company said on Wednesday.
Airbus Helicopters is a unit of French planemaker Airbus .
Under the agreement, Mahindra Aerostructures will produce the H130’s main fuselage assembly, which will then be shipped to Airbus Helicopters’ facilities in Europe.
The H130 is an intermediate single-engine helicopter used for transporting passengers.
Mahindra Aerostructures, which also counts Boeing and Dassault Aviation among its customers, did not disclose financial details of the deal.
Shares of the parent company, Mahindra and Mahindra, rose as much as 1.8% after the news.In January last year, the Airbus unit had signed a deal with India’s Tata group to manufacture civilian helicopters together.
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