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Cyient to sell 49% stake
DHNS
Last Updated IST

Cyient Limited, a global provider of engineering, manufacturing, geospatial, network and operations management services, has signed a definitive agreement to divest its 49% equity ownership in Infotech Aerospace Services (IASI).

Established in 2003, Isabela, Puerto Rico, IASI is a 51:49 Joint Venture between Pratt & Whitney and Cyient. IASI provides aerospace defence design, development & related services, primarily to United Technologies and its business units.

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(Published 14 September 2017, 22:55 IST)