Wipro arm buys aerospace manufacturing facility in US for $31 million

BENGALURU: Wipro Givon USA, an arm of Wipro Infrastructure Engineering, is buying the Washington manufacturing facility of Boeing supplier TECT Aerospace Group Holdings for $31 million.

Wipro’s bid for the manufacturing site was the only qualified offer submitted, TECT told the US Bankruptcy Court for the District of Delaware, a Bloomberg Law report said. The court gave the go-ahead for the deal.

TECT Aerospace manufactures complex aerostructure components, parts, and assemblies. It produces thousands of assemblies and parts that are used in flight controls, fuselage/interior structures, doors, wings, landing gear, struts & nacelles, and cockpits. An email to Wipro Givon asking for a confirmation and details about the deal did not elicit a response.