Fujitsu, Boeing in aircraft supply chain deal: Nikkei

(BestGrowthStock) – Fujitsu Ltd (6702.T: ) and Boeing Co (BA.N: ) will create a smart tag-based aircraft parts management system to tap demand for efficient and cheaper fleet maintenance in a market currently controlled by IBM Corp (IBM.N: ), the Nikkei said.

Fujitsu’s proprietary heat-resistant smart tags, which record data like maintenance history, scheduled replacement date and life span, can be attached to engines, brakes and 2,000 or so other key parts as well as life vests and other onboard equipment, the daily said.

The system is expected to reduce air carriers’ maintenance cost — 50-100 billion yen ($593.6 million) a year — by 15 percent as they could do with less parts inventories at airports, the daily said.

Fujitsu and Boeing hope to sell the system in 2012 and sign up about 10 customers in the first four years, with the Japanese firm eyeing sales of 20 billion yen, the daily said.

Boeing, looking to use the system to tap revenue from maintenance services, plan to pitch it to European rival Airbus SAS (EAD.PA: ), which is also planning to use similar management for its aircraft, the daily said.

($1=84.23 Yen)

(Reporting by Shravya Jain in Bangalore; Editing by Don Sebastian)

Fujitsu, Boeing in aircraft supply chain deal: Nikkei