Tier 1 Engineering Supplier Status for Satyam

HYDERABAD, INDIA: Satyam Computer Services Ltd today announced that it has been awarded Tier 1 Engineering Supplier Status by EADS, a player in the aerospace and defense industries.

According to a company release, Satyam received the distinction after a stringent selection process involving approximately 2,000 suppliers.

The Tier 1 designation is part of E25, an EADS program, which supports Airbus’s “Power8 program”, an initiative that calls for the organization to outsource critical activities in an effort to save 2.1 billion euros ($3.25 billion) annually.

The move is necessary for Airbus and EADS to combat the effect of the weak dollar against the euro.

Satyam has worked with EADS for more than three years and has participated in its efforts to create the A380, the world’s largest passenger aircraft.

The company has a facility in Bangalore dedicated to Airbus, where it employs its patented RightSourcing delivery model and replicates the Airbus environment very accurately.

“This distinction is evidence of the value Satyam provides EADS and our strength in aerospace and engineering services,” said Peter M Heij, Satyam’s head of Continental European operations.

Satyam’s aerospace team includes 1000 employees who currently serve six of the top 10 aerospace companies in the world, as well as several Fortune 100 and 500 organizations.