A new approach for the realization of self-adaptive and highly available production systems based on a context aware approach, allowing self-adaptation of flexible manufacturing processes in production systems and effective knowledge sharing to support maintenance, is presented. The usage of dynamically changing context as basis for adaptation of flexible manufacturing lines/processes and effective knowledge sharing is proposed. The presented solution includes services for context extraction, adaptation and self-learning allowing high adaptation of production systems depending on the identified context. A generic architecture following Service Oriented Principles is presented allowing for integration of the proposed solution into various production systems. A successful initial application of the developed solution in real world manufacturing environment is presented.