GEVORKYAN, a.s. Expands into Aerospace and Defense Markets

GEVORKYAN, a.s., a leading European company in powder metallurgy, has seen significant growth in its Aerospace & Defense segment, bolstered by a strong investment cycle that has enabled the company to expand its product portfolio. The expansion has seen the company secure large-scale deliveries of components for engines and precision gearboxes for small aircraft and drones, a demand that has been growing rapidly worldwide.

According to the press release, GEVORKYAN, a.s. has recently launched these deliveries to some of the most prominent multinational players from Switzerland, Germany, and other European countries. This move builds on the company’s existing presence in the aerospace industry, which has been strengthened through the launch of serial deliveries for Rheinmetall Group since the summer. The company has also been included in the OASIS system managed by the International Aerospace Quality Group (IAQG), marking a significant milestone in its quality assurance efforts.

In addition to the aerospace industry, GEVORKYAN, a.s. continues to expand its presence in traditional, stable markets such as agrotechnology. The company has secured new projects through long-term cooperation with leading global brands John Deere, Deutz-Fahr, and Lombardini, leveraging its strong development capabilities and recent acquisition in Italy. The company’s commitment to innovation and quality is evident in its AS9100 certification, which it has obtained for the aerospace, defense, and space industries.

The company’s financial performance has been robust, with revenues and profits growing at double-digit rates without increasing debt. This growth is attributed to the company’s strategic investments and the successful expansion into new and traditional markets. GEVORKYAN, a.s. remains a global supplier to major multinational companies and is recognized as one of the most innovative companies in the powder metallurgy sector.

The company’s expansion into the aerospace and defense sectors is part of a broader strategy to diversify its product offerings and strengthen its market position. By leveraging its technological and production base, GEVORKYAN, a.s. is well-positioned to meet the increasing demand for advanced components in the aerospace industry.