Manufacturer of aerospace components Aequs announced that it has signed a deal with major European airline Airbus to supply vital parts for the A320 family, A330neo, and A350 aircraft for more than a decade.

As per the deal, Aequs is responsible for producing detailed parts, as well as bench assembly parts for the planes' wings, fuselage, and pylons.

Aequs has been a longstanding supplier to Airbus which was its first original equipment manufacturer (OEM) customer and has consistently been a preferred Detailed Parts Partner (D2P) to it for well over a decade.

"This contract is a significant moment in Aequs' journey with Airbus. We are proud to stand alongside the world's largest aircraft maker as a long-term strategic partner. It is also a testimony to the confidence in Aequs by global OEMs to enter into deeper and longer relationships particularly at a time when the global supply chain is passing through a recalibration," said Aravind Melligeri, Chairman and CEO, Aequs.