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Lucrative Indian Defence market in Raytheon's crosshairs
Oct. 6, 2010
Recently in BostonWith a view to tapping the lucrative Indian market, the US-based Raytheon is on an aggressive spree to expand its presence in the Indian market.
The company has signed MoUs with six domestic companies to explore opportunities to jointly develop electronics, testing equipment and precision metal fabrication. Raytheon will also look to partner with the companies as approved suppliers.
Apart from big names such as Larsen & Toubro, Tata Power and Bharat Electronics Ltd, Raytheon has also signed MoUs with Astra Microwave, Data Patterns and Precision Electronics.
Raytheon Missile Systems, meanwhile, has appointed Mr Peter Wray special Business Development Director for India to develop a business strategy for the country and to build on Raytheon's existing partnership with the Indian armed forces and industry.
As a result of its close working relationship with the US Government, Raytheon has managed to make available to India a number of products along with technological knowhow for them.
Radar and weapons systems for fighter aircraft such as the AESA radar, the ATFLIR radar and the full range of F-18 weapons systems have been made available to India along with the technological knowhow, should India chose to buy the F-18 under the MMRCA deal or the Medium Multi Role Combat Aircraft deal.
The company has also made presentations for its ATHENA software. ATHENA incorporates data from all kinds of sensing equipment and feeds them to the operator to help detect any anomalies in the normal behaviour of sea, air, rail and road transport in order to protect borders and strengthen internal security.
Raytheon is also understood to be offering the Patriot weapons system, a surface-to-air missile system that has been deployed by the armed forces of over 14 countries. Currently, Raytheon is developing the third generation of the system, which includes new software and a modern command centre.
For India' growing interest in Unmanned Aerial Vehicles (UAV), Raytheon has developed a specialised Universal Control System (UCS) which allows young enthusiasts to control UAVs similar to popular gaming consoles.
Lucrative Indian Defence market in Raytheon's crosshairs | NewsyStocks.com
Oct. 6, 2010
Recently in BostonWith a view to tapping the lucrative Indian market, the US-based Raytheon is on an aggressive spree to expand its presence in the Indian market.
The company has signed MoUs with six domestic companies to explore opportunities to jointly develop electronics, testing equipment and precision metal fabrication. Raytheon will also look to partner with the companies as approved suppliers.
Apart from big names such as Larsen & Toubro, Tata Power and Bharat Electronics Ltd, Raytheon has also signed MoUs with Astra Microwave, Data Patterns and Precision Electronics.
Raytheon Missile Systems, meanwhile, has appointed Mr Peter Wray special Business Development Director for India to develop a business strategy for the country and to build on Raytheon's existing partnership with the Indian armed forces and industry.
As a result of its close working relationship with the US Government, Raytheon has managed to make available to India a number of products along with technological knowhow for them.
Radar and weapons systems for fighter aircraft such as the AESA radar, the ATFLIR radar and the full range of F-18 weapons systems have been made available to India along with the technological knowhow, should India chose to buy the F-18 under the MMRCA deal or the Medium Multi Role Combat Aircraft deal.
The company has also made presentations for its ATHENA software. ATHENA incorporates data from all kinds of sensing equipment and feeds them to the operator to help detect any anomalies in the normal behaviour of sea, air, rail and road transport in order to protect borders and strengthen internal security.
Raytheon is also understood to be offering the Patriot weapons system, a surface-to-air missile system that has been deployed by the armed forces of over 14 countries. Currently, Raytheon is developing the third generation of the system, which includes new software and a modern command centre.
For India' growing interest in Unmanned Aerial Vehicles (UAV), Raytheon has developed a specialised Universal Control System (UCS) which allows young enthusiasts to control UAVs similar to popular gaming consoles.
Lucrative Indian Defence market in Raytheon's crosshairs | NewsyStocks.com
