Bangalore, February 19th, 2015: As part of its international expansion program, SPHEREA Test & Services, a leading company in test means for aerospace & defense, today announced its strategic MoU with AXISCADES, a leading product design and engineering solutions company serving aerospace, defense, automotive & industrial product sectors.
This memorandum of understanding will enable SPHEREA and AXISCADES to offer to Indian market, products and services related to electronic and complex systems for aerospace & defense sectors, as well as for energy, industry and railway sectors.
As a leading company in the Indian market, AXISCADES is the ideal Indian partner for SPHEREA in the field of production, development and maintenance.
The broad parameters of this relationship includes following areas of cooperation:
- Production and Maintenance of Test Benches
- Support and Maintenance of Test Benches in the Indian region
- Joint business development in the region for Industry, Automotive, Aerospace and Defense sectors
- Offset partner for Indian Defense programs
“This cooperation between our both companies is a step ahead toward an improved test expertise available in the region which will allow a greater operational readiness for major Indian OEM’s in Aeronautics, Defense, Space and also Industry”, said Mr. Christian Dabasse, President of SPHEREA Group.
Commenting on the occasion Mr. Sudhakar Gande, Vice Chairman of AXISCADES said “With the combination of world class products from SPHEREA and our knowledge of Indian market, we are well positioned to address the Indian market and Make-In-India initiatives. This will also enhance our reach and position together as the preferred partner in select international markets”
SPHEREA (formerly known as Cassidian Test & Services) is the world leader in test benches for civil aeronautical equipment and the European leader in test benches for military equipment. In 2014, it posted revenue of 104 million euros, largely thanks to the universal automated testers (ATE). SPHEREA has offices in France, Germany, Singapore and the United of Kingdom. 58% of its revenue is generated abroad.
Although the Aviation and Defense sector represents 80% of SPHEREA’s revenue, the company’s activities and services also cover the energy and rail transportation sectors.
SPHEREA’s size and its ability to bring in many players from different sectors, enable it to position itself as the prime contractor on large projects.
Its R&D capability representing several million euros combined with several industrial and university partnerships allow it to run several research projects simultaneously to commercialize innovative products in the short and medium term.
Today SPHEREA is entering a new phase in its history and is extending beyond its historic sector, testing, to add a design, development, production and certification of critical systems capability to its offer.
AXISCADES Aerospace & Technologies Limited (ACATL) is India’s leading Aerospace, Defense and Security Solutions company with vast experience and expertise in handling large programs with end-to-end capabilities in technology and add value as a business partner.
Headquartered in Bengaluru, AXISCDES offers solutions in the areas of Engineering, Design, Avionics, EW systems, Test Solutions, System Integration and Manufacturing Support. AXISCADES is a major player in Defense Offset Programs and Make-In-India initiatives. Being a licensed Defense manufacturer, AXISCADES is the prime Indian Offset Partner for a prestigious Aerospace program. AXISCADES is the designated partner for several upcoming Defense offset and Make-In-India programs.
More information on www.axiscades.com – Follow AXISCADES on Twitter: @AXISCADES