Wipro may offer MRO services to Boeing
Wipro may offer MRO services to Boeing Wipro Technologies is in the advanced stages of negotiations with (Q, N,C,F)* aviation company Boeing to provide technological support for its upcoming facility in Maharashtra, reports Business Standard. >If Wipro receives this contract, the company will gain around 20-25% of the total USD100 million investments planned for IT services by Boeing, the New York Stock Exchange-listed company. This will be the second contract to be received by an Indian IT company by Boeing. Tata Consultancy Services (TCS) had received the first contract. Wipro intends to offer software, technology and installation support and services for Boeing’s maintenance, repair and overhaul (MRO) facility in Nagpur. Wipro will look at a joint venture deal or an alliance with Boeing for the project. Boeing plans to start another MRO facility in Delhi. Tata group software company TCS earlier received an interior design contract from Boeing; it also received a contract to set up an airline innovation laboratory in Chennai from the US airframe manufacturer.
Wipro is also considering providing software tools to enable checks on various passenger aircraft of Boeing.
Shares of the company closed up Rs 6.4, or 1.48%, at Rs 439.90. The total volume of shares traded at the BSE was 2,008,813.( Friday ).
