Eurocopter and HAL sign cooperation agreements

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These agreements further strengthen a 50 year old link between the companies

Eurocopter and
Hindustan Aeronautics Limited are in the process of signing agreements to
further strengthen their industrial links.

“HAL is fast developing into a major player
in the aerospace sector. With this increasing pace of growth, HAL welcomes
opportunities for joining hands with a global player like Eurocopter. We look
forward to corroborating this partnership further in the coming years,” said Mr
Ashok Nayak, HAL Chairman.

The cooperation started back in 1962 and
continues to this day. HAL is manufacturing 100 shipsets per year for the AS550/AS350 helicopters and contributes to the Eurocopter
global supply chain.

Commenting on the Eurocopter-HAL
association, Lutz Bertling, president and chief executive officer of Eurocopter
said, “HAL is one of the most important partners of Eurocopter Group. Giving
continuity to our 50 years of successful relationship, we are proud today to
reinforce and extend the scope of our association in India. We remain committed to work
with HAL contributing to the expansion of the helicopter capabilities of India.”

With the launch of its India
subsidiary, Eurocopter India Private Limited, the company has demonstrated its
commitment to the Indian market and industry, in which one of the key
priorities would be the extension of industrial cooperation, further building
on the 50 year relationship with HAL.

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