Unimech Aerospace and Manufacturing Limited announced that its wholly-owned subsidiary, Innomech Aerospace Toolings Private Limited, has executed a Long-Term Agreement (LTA) with Honeywell Aerospace US LLC. This agreement, effective from April 1, 2026, to November 1, 2036, covers the manufacture and supply of precision components and assemblies for aero-engine and control systems, marking a significant expansion for Unimech in the global aerospace manufacturing value chain.
Unimech Secures Long-Term Agreement with Honeywell Aerospace
Unimech Aerospace and Manufacturing Limited, through its wholly-owned subsidiary Innomech Aerospace Toolings Private Limited, has entered into a significant Long-Term Agreement (LTA) with Honeywell Aerospace US LLC. This strategic partnership is set to bolster Unimech’s position in the global aerospace manufacturing sector.
Agreement Details and Scope
The LTA is effective from April 1, 2026, and is scheduled to remain in effect until November 1, 2036, subject to potential extensions or earlier termination as per the agreement’s terms. Under this agreement, Innomech will be responsible for the manufacture and supply of precision components and assemblies. These components are critical for aero-engine and control system applications, demanding high precision, robust processes, and stringent quality assurance.
Strategic Expansion and Market Impact
This agreement represents a substantial expansion of Unimech’s aerospace manufacturing capabilities. It complements the company’s existing expertise in aerostructure components and assemblies by focusing on high-precision parts for engines and control systems. The LTA solidifies Unimech’s role in the global aerospace manufacturing value chain, enhancing its engagement with major international clients through long-term production programs. This move aligns with the company’s strategy to deepen its relationships with global aerospace customers.
Source: BSE
