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Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries.
Azad Engineering signed an amendment to its Strategic Supply Agreement with Baker Hughes for critical turbomachinery components. This reflects a significant increase in demand for power generation applications, with execution extending until December 2030.
Azad Engineering has signed a Master Agreement with Pratt and Whitney Canada Corp. for long-term collaboration in aircraft engine component development and manufacturing. This strategic deal strengthens Azad's aerospace manufacturing capabilities. Contract value and execution timeline are confidential.
Azad Engineering secured a new long-term contract worth ₹651 Cr with Mitsubishi Heavy Industries, Japan. This Phase 2 agreement, for 5 years, involves supplying complex airfoils for advanced gas & thermal power turbines. Total contracts with MHI now stand at ₹1,387 Cr.
Azad Engineering has signed a long-term supply agreement with GE Steam Power GMBH (GE Vernova Power, Switzerland) to manufacture and supply complex rotating and stationary airfoils for advanced nuclear, industrial, and thermal power sectors. The contract is valued at USD 53.5 million (~452.48 Cr INR) and will be executed over...
Azad Engineering Limited has entered a significant long-term agreement with Rolls-Roy