Eaton inks JV to back C919 jet project
By Wang Weini |
April 7, 2011, Thursday
|
Print Edition
Print Edition
DIVERSIFIED industrial manufacturer Eaton Corp yesterday announced it has formed a conveyance joint venture with Shanghai Aircraft Manufacturing Co to support China's C919 jet project.
The joint venture will design, develop, produce and support fuel and hydraulic conveyance systems for the C919 single-aisle commercial aircraft.
The program for the C919 conveyance systems is estimated at US$1.8 billion, based on an anticipated volume of 2,500 aircraft.
"Eaton is proud to be the first foreign supplier that officially establishes a joint venture with our Chinese partner to support the C919 aircraft platform," said Brad Morton, president of Eaton's Aerospace Group.
"We look forward to working with SAMC to develop the comprehensive conveyance system engineering and manufacturing capabilities for the global civil aviation market."
The venture's future plans include supplying conveyance systems to other aircraft and engine makers worldwide.
SAMC, a subsidiary of C919 maker Commercial Aircraft Corporation of China, owns 51 percent of the venture, with Eaton taking the balance.
The joint venture will design, develop, produce and support fuel and hydraulic conveyance systems for the C919 single-aisle commercial aircraft.
The program for the C919 conveyance systems is estimated at US$1.8 billion, based on an anticipated volume of 2,500 aircraft.
"Eaton is proud to be the first foreign supplier that officially establishes a joint venture with our Chinese partner to support the C919 aircraft platform," said Brad Morton, president of Eaton's Aerospace Group.
"We look forward to working with SAMC to develop the comprehensive conveyance system engineering and manufacturing capabilities for the global civil aviation market."
The venture's future plans include supplying conveyance systems to other aircraft and engine makers worldwide.
SAMC, a subsidiary of C919 maker Commercial Aircraft Corporation of China, owns 51 percent of the venture, with Eaton taking the balance.
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