Boeing Purchases Aircraft Parts Made in Georgia

A Georgian factory producing aircraft parts has manufactured its first items to be purchased by Boeing.

The state-owned shareholding company Partnership Fund announced the news: “The first document on the procurement of high-tech products manufactured to international standards was signed at the aircraft-parts factory. The Director of Elbit Cyclone and Aerostructure Technologies Cyclone (ATC) director signed the agreement.”

Elbit Cyclone is an Israeli company that partnered with the Partnership Fund to open the factory in Tbilisi in 2018. It is the first high-tech factory of its kind in the South Caucasus region.

Together with the Partnership Fund, Elbit Cyclone formed a joint venture company - Aerostructure Technologies Cyclone in Georgia. Together they invested $93 million in the project.

Currently, the aircraft employs 120 people and plans to expand its staff to 300 in the future.

Aircraft parts manufactured in the factory will be sold to Airbus, Bombardier, and various other passenger plane companies.

 

By Amy Jones

Photo source: Partnership Fund

 
07 February 2019 15:23