Infosys and Spirit AeroSystems inaugurate Center for Aerospace Engineering Excellence in Richardson, Texas

RICHARDSON, Texas, Nov. 3, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, and Spirit AeroSystems (NYSE: SPR), the world's largest first-tier aerostructures manufacturer, today inaugurated their dedicated center for aerospace engineering excellence in Richardson, Texas to nurture local talent to meet Spirit's growing aerospace and defense engineering needs.

The Center for Aerospace Engineering Excellence, located at 2400 N Glenville Dr Ste 150 in Richardson, will enable Infosys to work more closely with Spirit AeroSystems to develop cross-functional solutions to pressing business challenges in the aircraft development lifecycle. The Center will help Spirit AeroSystems to strategically expand and operate in proximity with their customers and suppliers for manufacturing and MRO operations. It will facilitate training, upskilling, and reskilling of talent in digital engineering technologies so that Spirit AeroSystems can scale and accelerate their aircraft programs to meet growing business demand, while mitigating risks, increasing speed to market, optimizing costs, boosting productivity, and crunching the learning curve.

Jasmeet Singh, EVP and Global Head of Manufacturing, Infosys, said, "We are thrilled to be expanding our services to Spirit AeroSystems by providing them with pioneering technology and dedicated talent to help them revitalize their core businesses. Setting up the Center for Aerospace Engineering Excellence, within our own digital innovation hub, allows us to co-locate, co-innovate and co-create alongside Spirit AeroSystems and build on our passion for creating the next generation of top U.S. engineering talent to drive Spirit's business aspirations."

Infosys is a trusted partner for Spirit AeroSystems, delivering engineering services for all its major aircraft programs for over 18 years. Spirit leverages Infosys' advanced engineering platforms and solutions across its complete aircraft development lifecycle including concept, detail design, manufacturing, quality engineering, system integration, supply chain and maintenance, repair and overhaul services and cost optimization programs.

Dr. Sean Black, Senior Vice President, Chief Technology Officer and Chief Engineer, Spirit AeroSystems, said, "The strategic collaboration with Infosys in Richardson, Texas, will leverage the talent pool in the North Texas region and create a dedicated center for aerospace engineering excellence to cover the complete aircraft development life cycle for both new derivatives and in-service aircraft."

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/infosys-and-spirit-aerosystems-inaugurate-center-for-aerospace-engineering-excellence-in-richardson-texas-301977163.html

SOURCE Infosys