Aerostructure Technologies Cyclone

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.

A new $93 million aircraft parts factory opened in Tbilisi, Georgia, a joint venture between Georgian and Israeli sides (Aerostructure Technologies Cyclone), producing parts for Boeing, Airbus and Bombardier, with production expected by 2020 and 300 jobs.