SP's MAI Issue No. 4 | February 16-28, 2017 - Corporate Updates

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  CORPORATE
  Israel Aerospace Industries and Kalyani Group to incorporate a JV to manufacture specific air defence systems

  Israel Aerospace Industries Ltd (IAI) and Kalyani Strategic Systems Ltd...

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  CORPORATE
  Rafael, Reliance JV to manufacture air defence systems

  Israeli company Rafael with cutting-edge technologies in air defence systems has tied up with Reliance to manufacture air defence systems, which the company is showcasing at Aero India 2017.

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  CORPORATE
  Raytheon, TASL to co-produce Stinger missile components

  Raytheon Company signed a memorandum of understanding with India’s Tata Advanced Systems Limited (TASL) to engage in co-production of Stinger air defence missile components.

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  CORPORATE
  New European defence company Hensoldt launched

  Following the closing of the transaction between Airbus Group SE and KKR, a leading global investment firm, a new European defence company headquartered in Germany, Hensoldt, has been launched.

• CORPORATE
  Godrej Aerospace partners ISRO in launching a record 104 satellites

  In a massive show of strength and prowess, the Indian Space and Research Organisation’s PSLV C37 rocket has successfully launched 104 satellites, the most in a single mission anywhere in the world.

• CORPORATE
  Jindal Stainless (Hisar) Limited forays into defence sector

  Jindal Stainless (Hisar) Limited (JSHL), country’s largest integrated stainless steel producer has announced its entry into the defence sector by signing the license agreement with the DRDO...