JJG Aero secures $12m funding from CX Partners
Indian aerospace components manufacturer, JJG Aero, has secured $12m in inaugural funding from CX Partners.
This contract expands Meggitt content on the 737 MAX programme, which already includes the engine and APU fire detection & suppression systems, electrical power conversion equipment, and elastomeric seals. Deliveries are scheduled to commence in Q2 2022.
Meggitt chief executive, Tony Wood, said: “We are delighted to be expanding our relationship with Boeing at this important time as the 737 MAX returns to service and the wider aviation industry starts to look through the challenges of the last year towards a recovering outlook for air traffic globally.”