ThyssenKrupp Aerospace UK and Spain’s aero-engine manufacturer ITP have signed a strategic cooperation agreement for a period of five years.

ThyssenKrupp will provide stainless steel and nickel products to ITP’s companies in India and Mexico. Both sides have indicated that they would benefit from mutual cooperation.

ThyssenKrupp said that the company's global operations, inventory and processing power and supply chain expertise will enable and benefit ITP to further grow and extend business.

ITP is a global operator and it will be able to provide aircraft engine components for the civil aviation industry's most important producers.