Georgia’s aircraft-parts factory has produced its first items to be purchased by Boeing, according to the shareholding company Partnership Fund (PF).
"The first document on the procurement of high-tech, products manufactured along international standards was signed at the aircraft-parts factory. Director of Elbit Cyclone and director of ATC signed the agreements," PF said in a statement.
Israeli company Elbit implemented this project in Georgia with the Partnership Fund. For the implementation of the project, the Georgian and Israeli sides founded a joint venture company, the Aerostructure Technologies Cyclone (ATC) in Georgia, Agenda.ge reported.
The factory employs 120 people currently but once it becomes fully operational 300 locals will be employed there. All of them will be trained by leading specialists on the aviation market.