UPDATE 1-Fujitsu, Boeing in aircraft supply chain deal – Nikkei

Dec 17 (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)

UPDATE 1-Fujitsu, Boeing in aircraft supply chain deal – Nikkei