Leading US defence company Raytheon has signed memorandums of understanding with major Indian companies in the last few days to develop defence technology for India's armed forces. 'We have signed MoUs with Larsen & Toubro, Wipro, Godrej & Boyce and Data Patterns in the last few days,' Wes Motooka, Raytheon's vice-president for international strategy and business development, told IANS at the Dubai Airshow here Tuesday.
These were in addition to the MoU Raytheon had signed with Tata Power in February this year. Raytheon is now working closely with the strategic electronics division of Tata Power. 'These strategic alignments make good business sense for Raytheon and for India,' said Motooka. 'The scope (of these partnerships) is envisioned to include electronics, metal fabrication, test equipment, environmental control, power supplies and automatic mechanisms.'
These Indian companies are among the largest manufacturers of technology and defence equipment for India's armed forces. They produce a wide range of products in the areas of radar, naval systems, telecommunications and broadcast, electronic warfare, tank electronics, opto-electronics, professional electronic components and solar photovoltaic systems. Motooka said the tie-ups were a critical phase of Raytheon's plan to build a team committed to providing top quality products for India's armed forces.
'Our Indian associates are highly respected and proven technology suppliers. Our complementary capabilities will bring great value to India's military forces. We are looking forward to mutual success with these Indian companies.' He added that his company is looking for more tie-ups with Indian firms. 'We are looking for more Indian companies to partner but these are all subject to approval from the Indian and US governments.
U.S. Defense Major Raytheon Ties Up With L&T, Wipro, Godrej
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