# AZAD signs $83 million contract with Mitsubishi Heavy Industries for turbine airfoils

AZAD disclosed a five-year phase contract valued at $83 million with Mitsubishi Heavy Industries for advanced gas- and thermal-power-turbine airfoils.

- Type: Contract
- Announced: 2026-11-06
- Value: $83.0M
- Status: announced
- Products: gas- and thermal-power-turbine airfoils
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [AZAD](https://endata.com/companies/95138.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (customer)

## Sources

- [multibagg.ai](https://www.multibagg.ai/market-pulse/articles/azad-customer-agreements-span-sectors-ppt-cmw50albb003r2gmfg56f5zp3), 2026-11-06: "Mitsubishi Heavy Industries signed a current five-year phase valued at $83 million for advanced gas- and thermal-power-turbine airfoils."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.