Sigma Advanced System Secures $36 Million Deal with Rolls-Royce for Aerospace Components
Sigma Advanced System inks multi-year deal with Rolls-Royce
Business Standard
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Sigma Advanced System has entered into a seven-year agreement valued at nearly $36 million (approximately ₹3800 crore) with Rolls-Royce to supply high-precision components for aerospace programs. This partnership enhances Sigma's role as a global manufacturing platform, integrating operations between India and the UK.
- 01Sigma Advanced System signs a seven-year agreement with Rolls-Royce.
- 02The contract is valued at nearly $36 million (approximately ₹3800 crore).
- 03Sigma will supply high-precision, safety-critical components for aerospace programs.
- 04The partnership reflects Sigma's transition to a globally integrated manufacturing platform.
- 05The dual source model leverages cost efficiency in India and engineering collaboration in the UK.
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Sigma Advanced System has signed a seven-year long-term agreement with Rolls-Royce, valued at nearly $36 million (approximately ₹3800 crore). This partnership marks a significant step in Sigma's global aerospace journey, enhancing its strategic relationship with one of the largest aerospace original equipment manufacturers (OEMs) worldwide. Under the agreement, Sigma will supply a range of high-precision-engineered, safety-critical components and assemblies for Rolls-Royce's aerospace programs. The collaboration utilizes Sigma's manufacturing network across India and the UK, allowing the company to operate as an integrated global platform rather than a location-specific supplier. This partnership builds on an existing relationship and showcases Sigma's capabilities in managing larger work packages, driven by its dual-source model that combines cost efficiency in India with engineering expertise in the UK.
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This agreement could lead to job creation and economic growth in both India and the UK, as Sigma expands its manufacturing capabilities.
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