December 16, 2024 22:45 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
GRAP 4 restrictions reimposed in Delhi as air quality dips to 'severe' category | 39 ministers included in Devendra Fadnavis-led Maharashtra cabinet | People who raise questions on EVMs should show how they can be hacked: TMC trashes Congress claims | Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested

Javelin Joint Venture signs Letter of Intent with Tata Power

| | Aug 31, 2016, at 10:45 pm
National, Aug 31 (IBNS): The Javelin Joint Venture team, a partnership between Raytheon Company and Lockheed Martin , signed a letter of intent (LOI) with Tata Power Company Limited operating through its Strategic Engineering Division (SED), to explore co-development and production of the Javelin anti-armour missile system.

“This agreement brings together three world leaders in aerospace and defense technology to extend Javelin to new customers, new applications and new platforms,” said John Halvey, Javelin Joint Venture president at Raytheon Missile Systems. “With this deal, we are also reinforcing our continued support of the ‘Make in India’ initiative.”


As part of the LOI, the Javelin Joint Venture (JJV) and Tata Power SED will create a strategy to co-develop and produce the Javelin missile system and integrate platform mounts to meet Indian requirements. This includes ground combat vehicle, dismounted infantry and rotorcraft applications.


“The combat-proven Javelin continues to fulfil a critical precision-strike role with our domestic and international partners,” said Rich Benton, Javelin Joint Venture vice president and Javelin program director at Lockheed Martin Missiles and Fire Control. “We look forward to working with Tata Power SED to maximize the versatility and lethality of Javelin on these new platforms.”

In addition to meeting the Government of India’s “Make in India” objectives, the LOI establishes a framework for future technological cooperation between the Javelin Joint Venture and Tata Power SED.

“Since the early 1980s,Tata Power SED has established its R&D and ‘Make in India’ credentials, as part of Dr. Kalam’s Integrated Guided Missile Development Program,” said Rahul Chaudhry, Chief Executive Officer at Tata Power SED. “Now, our partnership with the JJV will bring the world’s best technology to our soldiers enabling battlefield supremacy. Indian industry will benefit immensely from the depth and range of this planned technology transfer and co-development.”


 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.