Spirit AeroSystems Enters Five-year Collaboration with Infosys to Co-innovate Aerostructure and Systems Engineering Services
PR97703
BENGALURU, India, Sept. 7, 2022 /PRNewswire=KYODO JBN/ -
- Infosys will leverage next-gen technologies to support the product
development initiatives of Spirit AeroSystems
Infosys [https://www.infosys.com/](NSE: INFY) (BSE: INFY) (NYSE: INFY), a
global leader in next-generation digital services and consulting, today
announced a five-year agreement with Spirit AeroSystems, Inc., one of the
world's largest manufacturers of aerostructures for commercial airplanes,
defense platforms, and business/regional jets. Infosys will collaborate with
Spirit AeroSystems to provide aerostructure and systems engineering services
for product development of commercial, business jet and emerging aircraft
programs, and Maintenance, Repair and Overhaul (MRO) services.
This strategic collaboration builds on 16 years of longstanding
relationship between the two organizations, during which Infosys has provided
innovative design solutions for some of Spirit's aerostructure programs. As
part of this engagement, Infosys will offer end-to-end product development
services, including design engineering, sustaining engineering, systems
engineering, stress engineering, manufacturing engineering, and repair and
maintenance. Leveraging knowledge-based engineering and engineering automation,
Infosys also aims to accelerate product development across the value stream. In
addition, Infosys will support Spirit to secure highly efficient structural
designs and a robust certification process, contributing to the manufacture of
innovative, lightweight, and more sustainable aircraft structures and
components.
The Aerospace Center of Excellence at Infosys has a track record of
world-class execution of design and engineering solutions for over 22 years.
With deep capabilities in aerostructure design spanning conceptualization to
release, mature composite design, and engineering automation, Infosys
collaborates with 7 of the top 10 global aerospace companies and has been
recognized as a leading player in aerospace and defense manufacturing.
"At Spirit AeroSystems, we believe our ability to continuously advance our
offering at design and engineering levels is one of our competitive
differentiators. Our longstanding collaboration with Infosys means we are
well-positioned to co-innovate on critical stages of product development,
ensuring we continue to pursue the highest standards in quality and
airworthiness. This strategic agreement further reinforces our strengths and
will leverage mutual synergies to accelerate the development of world-class,
sustainable aerostructures and services across our commercial and aftermarket
business segments," said, Dr. Sean Black, Senior Vice President and Chief
Engineer, Engineering and Technology, Spirit AeroSystems.
Commenting on the collaboration, Jasmeet Singh, Executive Vice President
and Global Head of Manufacturing, Infosys, said, "Now more than ever, aerospace
and defense organizations need to rapidly reinvent their digital foundation. We
are thrilled to deepen our strategic collaboration with Spirit AeroSystems and
accelerate their digital transformation, by pushing the envelope in design and
product engineering. With our investments in aerostructure engineering and
next-gen technologies like artificial intelligence and cloud, we are confident
of delivering compelling value to Spirit and take our collaboration to newer
heights."
About Spirit AeroSystems, Inc.
Spirit AeroSystems is one of the world's largest manufacturers of
aerostructures for commercial airplanes, defense platforms, and
business/regional jets. With expertise in aluminum and advanced composite
manufacturing solutions, the company's core products include fuselages,
integrated wings and wing components, pylons, and nacelles. We are leveraging
decades of design and manufacturing expertise to be the most innovative and
reliable supplier of military aerostructures, and specialty high-temperature
materials, enabling warfighters to execute complex, critical missions. Spirit
also serves the aftermarket for commercial and business/regional jets.
Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K.,
France, Malaysia and Morocco. More information is available at
www.spiritaero.com.
About Infosys:
Infosys is a global leader in next-generation digital services and
consulting. Over 300,000 of our people work to amplify human potential and
create the next opportunity for people, businesses, and communities. With over
four decades of experience in managing the systems and workings of global
enterprises, we expertly steer clients, in more than 50 countries, as they
navigate their digital transformation powered by the cloud. We enable them with
an AI-powered core, empower the business with agile digital at scale and drive
continuous improvement with always-on learning through the transfer of digital
skills, expertise, and ideas from our innovation ecosystem. We are deeply
committed to being a well-governed, environmentally sustainable organization
where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY) ( NYSE:
INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects,
financial expectations and plans for navigating the COVID-19 impact on our
employees, clients and stakeholders are forward-looking statements intended to
qualify for the 'safe harbor' under the Private Securities Litigation Reform
Act of 1995, which involve a number of risks and uncertainties that could cause
actual results to differ materially from those in such forward-looking
statements. The risks and uncertainties relating to these statements include,
but are not limited to, risks and uncertainties regarding COVID-19 and the
effects of government and other measures seeking to contain its spread, risks
related to an economic downturn or recession in India, the United States and
other countries around the world, changes in political, business, and economic
conditions, fluctuations in earnings, fluctuations in foreign exchange rates,
our ability to manage growth, intense competition in IT services including
those factors which may affect our cost advantage, wage increases in India and
the US, our ability to attract and retain highly skilled professionals, time
and cost overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, industry segment concentration, our
ability to manage our international operations, reduced demand for technology
in our key focus areas, disruptions in telecommunication networks or system
failures, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the success of
the companies in which Infosys has made strategic investments, withdrawal or
expiration of governmental fiscal incentives, political instability and
regional conflicts, legal restrictions on raising capital or acquiring
companies outside India, unauthorized use of our intellectual property and
general economic conditions affecting our industry and the outcome of pending
litigation and government investigation. Additional risks that could affect our
future operating results are more fully described in our United States
Securities and Exchange Commission filings including our Annual Report on Form
20-F for the fiscal year ended March 31, 2022. These filings are available at
www.sec.gov. Infosys may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the Company's
filings with the Securities and Exchange Commission and our reports to
shareholders. The Company does not undertake to update any forward-looking
statements that may be made from time to time by or on behalf of the Company
unless it is required by law.
For more information, contact: PR_Global@infosys.com
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Source: Infosys
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