What Happened
Indian Firm Restructures Aerospace Engineering Services
AXISCADES Technologies has incorporated a new subsidiary, Akkodis AXISCADES Aerospace Engineering Private Limited, to streamline its aerospace engineering design services. This move is part of the company’s restructuring efforts and aims to facilitate the planned divestment of its aerospace services segment to Akkodis. The subsidiary will enable AXISCADES to focus on high-margin aerospace and defence manufacturing, as reported by Unknown Source.