Azad Engineering Signs Agreement with Pratt and Whitney Canada
Filing Summary
Azad Engineering Limited has entered into a Master Terms Agreement and Purchase Agreement with Pratt and Whitney Canada Corp. The agreement focuses on the development and manufacturing of aircraft engine components. This collaboration aims to enhance Azad’s manufacturing capabilities in the aerospace sector. The agreement is structured for long-term cooperation, aligning with national strategic priorities. Specific financial details and terms of the agreement remain confidential. The agreement does not involve any related party transactions, and there is no shareholding between the entities involved.
Azad Engineering Limited has signed a Master Terms Agreement and Purchase Agreement with Pratt and Whitney Canada Corp. The agreement, dated November 18, 2025, pertains to the development and manufacturing of aircraft engine components. This collaboration is designed to enhance Azad’s manufacturing capabilities in the aerospace sector.
The agreement establishes a framework for long-term collaboration between the two companies. It aligns with national strategic priorities, although specific financial details and terms of the agreement are not disclosed due to confidentiality. There is no shareholding between Azad Engineering and Pratt and Whitney Canada, and the agreement does not constitute a related party transaction.
The agreement is classified as an international contract, and it is a long-term agreement. The time period for the execution of the contract is not disclosed. The agreement does not involve any issuance of shares or any potential conflict of interest. There are no nominees on the board of directors of Azad Engineering as a result of this agreement.
Pratt and Whitney Canada Corp. is a renowned company in the aerospace industry, focusing on the design, manufacture, and service of aircraft engines. The company is known for its commitment to innovation and quality in the aerospace sector.
Azad Engineering Limited specializes in precision engineering and manufacturing, with a focus on the aerospace and defense sectors. The company is committed to enhancing its manufacturing capabilities and aligning its operations with national strategic priorities. Azad Engineering continues to pursue strategic collaborations to strengthen its position in the aerospace industry.