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Our Bureau

Bangalore, Feb. 9

CeBeNetwork Holding GmbH (CBH), the strategic supplier for Airbus, has signed a partnership agreement with CADES, a Bangalore-based aerospace product engineering firm to outsource engineering services.

This partnership would enable VADEA to setup a dedicated offshore engineering centre with modern computing infrastructure and skilled resources to meet the customer needs. This off-shoring of engineering services is expected to bring in revenue of $4 million in the first year of its cooperation and $7 million during the second year. It is expected to grow in similar fashion in the future. CBH is a Germany-based firm that delivered services valued at $70 million for its aerospace customers in 2006.

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