Aerospace and defence technology company, Axiscades Technologies, has announced a partnership with OGMA of Portugal to scale global aerospace and defence maintenance, repair, and overhaul .
Axiscades: Project key details
As per the company’s regulatory filing, it has partnered with OGMA – Indústria Aeronáutica de Portugal, a subsidiary of Embraer, for aerospace manufacturing, maintenance, repair, and overhaul (MRO), airframe engineering, and certification services for both commercial and military platforms.
The company added that it has signed a strategic agreement with OGMA to help support maintenance for Embraer and other manufacturers’ aircraft fleets in India. This aligns with the firm’s strategy to scale up the aerospace chain by focusing on high-value, long-term service activities, it said in its official statement.
“The partnership merges AXISCADES’ deep expertise in aircraft design, conversion, avionics, radar, electronic warfare, and drone technologies with OGMA’s century of proven capabilities in airframe and engine MRO,” the company said in its statement.
As part of the collaboration, both companies will explore business opportunities in India, the UAE, and the Middle East and North Africa (MENA) region. Additionally, the companies will expand their relationships with other major OEMs like Embraer, Airbus Defence, Rolls-Royce, Pratt & Whitney, and others.
Axiscades Technologies: Embraer fleet
The Embraer fleet in India includes prestigious VVIP and VIP aircraft, AEW&C platforms, and various commercial aircraft.
Axiscades Technologies: Expanding partnership
Commenting on the partnership, Alfonso Martinez, CEO-International, AXISCADES Technologies, said, “This MoU with OGMA is a significant step in AXISCADES’ journey to build world-class aerospace and defence MRO and engineering capabilities.”
He added that by combining OGMA’s airframe expertise and engine MRO with the company’s engineering, manufacturing, and infrastructure roadmap, Axiscades aims to create a robust ecosystem that addresses global market opportunities in high-growth regions such as India, the UAE, and MENA, while also supporting India’s self-reliance objectives.
Speaking on the same, Paulo Monginho, CEO, OGMA – Indústria Aeronáutica de Portugal, added, “We are pleased to partner with AXISCADES, a company that brings strong and proven capabilities along with a clear vision for aerospace and defence growth. This collaboration allows us to expand our footprint while jointly delivering high-quality, certified MRO and engineering solutions to India and global customers.”
Axiscades: Share price movement
Following the announcement, Axiscades’ share price rose nearly 2% in the early trade session. Over the past one month, the company’s stock has declined by nearly 10%.