# Elbit Systems Cyclone opens composite aircraft parts factory in Georgia

Elbit Systems Cyclone and Georgia's Partnership Fund opened a new factory in Georgia to produce composite structural assembly parts for civil aircraft, with total investment of $93 million, expected to create 300 jobs and generate $60 million in annual exports when fully operative in about seven years.

- Type: New facility
- Announced: 2018-05-11
- Where: Georgia
- Value: $93.0M
- Jobs: 300
- Starts operating: 2025
- Status: completed
- Products: composite structural assembly parts for aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Elbit Systems Cyclone](https://endata.com/companies/25039.md)
- [Partnership Fund](https://endata.com/companies/19989.md) (partner)

## Sources

- [finchannel.com](https://finchannel.com/dimitry-kumsishvili-new-elbit-factory-is-a-certain-outcome-which-will-further-result-in-additional-60million-usd-export-annually-and-300-new-jobs/73415/georgian-local-news/2018/05/), 2018-05-11: "By opening a new factory of the Elbit we have a certain outcome, which will further result in additional 60 million USD export annually and 300 new jobs."

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