Aerostructure Technologies Cyclone, a joint venture between Elbit Cyclone and the Partnership Fund, signed an agreement for Boeing to purchase high-tech aircraft parts manufactured at its factory in Tbilisi, Georgia.
Aero-Structure Technologies Cyclone (ATC), a joint venture between Elbit Cyclone and Georgia's Partnership Fund, has opened a production facility for composite aircraft parts near Tbilisi International Airport. The $93 million facility will begin production in early 2019.
ATC Aero, a joint venture between the Georgian Partnership Fund and Elbit Cyclone, is finalizing preparations for an $85 million composites production plant near Tbilisi International Airport, to be commissioned in April 2018, producing parts for Airbus and Boeing.
ATC, an $85 million joint project of Georgia's Partnership Fund and Elbit Cyclone, is preparing to start production of composite parts for commercial aircraft at a facility near Tbilisi International Airport. Production is scheduled to start before late 2018, with the company aiming to supply Boeing, Airbus, and Bombardier.