Summary sheet
The project aims at developing innovative solutions for the manufacture of new generation materials for aircraft engines and the development of new processes to manufacture aircraft components.
The project will help strengthen the promoter's technological and industrial competitiveness as a mid-sized Tier-1 supplier for the European aircraft manufacturing industry. The close proximity of the promoter's plants to the original equipment manufacturer (OEM) sites in France will provide a competitive advantage for the promoter. Expanding its research and development (R&D) and manufacturing capacity is a fundamental element in its growth strategy.
The research, development and innovation (RDI) activities are expected to be carried out in existing facilities that are already used for the same purposes, and that are not expected to change their scope due to the project. An environmental impact assessment (EIA) is therefore not needed according to EIA Directive 2011/92/EU.
The company has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not subject to EU rules on public procurement.