To address the anticipated requirements of the Defence and Aerospace sector, the organisations will seek and develop opportunities for cooperation and partnership on various fronts. Through this MoU, PTC and Dassault Aviation will jointly explore prospective collaboration for Dassault Aviation's potential purchase of Titanium Casting Parts and Titanium Raw Materials from Aerolloy Technologies.

As part of the MoU, the two organisations will evaluate the possibility of Dassault Aviation purchasing Titanium and Super Alloy material, components, and castings for Aerospace applications from Aerolloy Technologies. These titanium castings and components shall be used for Rafale multirole fighters and other Dassault manufactured aircraft.