Fokker Elmo and CADES sign Engineering Cooperation agreement

Fokker Elmo, a division of Stork Aerospace (the Netherlands) and CADES (India) have signed an engineering cooperation agreement for the design, development and qualification of electrical interconnection systems for aircraft programs of major Fokker Elmo customers like Boeing and EADS/Airbus. Revenues could total several million USD per year. Dedicated engineering teams will work onsite in Europe and offsite in India. Fokker Elmo will thereby be able to increase its engineering capacity on a flexible basis. There is a great demand for qualified engineers worldwide.

Mr. Jan Lagasse, Managing Director, Fokker Elmo said, "We expect to have found a great partner in CADES, capable to perform against the high quality standards of Fokker Elmo and its customers. Besides this, India is a strategic country for our customers. This partnership creates further value by its affordable cost structure, and provides us with the flexibility and capacity necessary to further strengthen our position in the market.

Mr. Dataram Mishra, Managing Director & CEO of CADES said, "We are glad to have this strategic partnership, Fokker Elmo has great expertise in the area of design, certification and production of electrical systems for aircraft and associated equipment. I am sure; this long term partnership will bring great business value for both the companies by providing design to build solutions to our customers."

CADES provides global engineering services to customers and has been widely acknowledged by the industry. CADES currently has over 50 customers in the Aerospace & Automotive industries, working with companies like Boeing, EADS, MT Aerospace, Daimler Chrysler, Nissan, Volvo, etc.

Stork Aerospace

Fokker Elmo, is a Stork Aerospace operating company and internationally recognized as a prime specialist in electrical interconnection systems for aircraft and aircraft engines, the company holds a number two market position. Fokker Elmo owns factories in the Netherlands, Turkey, China and the USA.

Stork Aerospace develops and produces advanced structures and electrical systems for the aerospace industry, and supplies integrated maintenance services and products to aircraft owners and operators. In 2006 the group achieved a turnover of € 533 million with 3,636 employees out of the total Stork turnover of € 2.16 billion.