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Samtel signs pact with Thales to develop defence avionics
REZAUL H LASKAR, PARIS, JUN 19 (PTI)
Samtel Display Systems today inked a pact with European defence electronics major Thales to set up a joint venture to develop sophisticated cockpit displays for military aircraft for the Indian and export markets.
The deal, signed by Samtel chairman Satish Kaura and Thales senior vice president Emmanual Grave in the presence of Defence Production Secretary K P Singh at the Paris Air Show, envisages the production of helmet-mounted and heads-up displays for fixed wing and rotary aircraft.
"This cooperation generates the opportunity for the creation of a joint company in India," Thales said in a statement.
Rajesh Kakkar, vice president of business development for Samtel, said the joint venture was likely to be set up within the next three to six months.
"Thales is a leader in such products and there were certain elements missing in our technology that we can achieve through such a tie-up. The deal will help reduce development time for new products and also allow both Samtel and Thales to take advantage of India's new offsets policy for defence contracts," Kakkar said.
Samtel, which posted a turnover of 300 million dollars last year, has a unit in Germany that is a leading producer of cathode ray tube displays and this will help in the development of new products. "We supply displays to Thales, Rockwell and Elbit of Israel," said Kakkar.
Samtel expects its new deal with Thales to dovetail with its existing Delhi-based joint venture with Hindustan Aeronautics Limited to develop multi-function cockpit displays for the Sukhoi-30 combat jets of the Indian Air Force.
"This joint venture is about a year old and the displays for the Su-30MKIs are undergoing final flight trials and are expected to be inducted by September," said Kakkar.
Samtel is also working with HAL to develop similar displays for the Light Combat Aircraft and Intermediate Jet Trainer and upgrades of the IAF's MiG-29s and Jaguar jets.
Thales officials said the deal with Samtel will allow both companies to use their engineering strengths and create new market opportunities.
Thales is currently providing the Indian Navy with head-mounted displays for the MiG-29 jets it plans to induct with the Gorshkov aircraft carrier and has won a contract for supplying six Scorpene submarines.
http://www.outlookindia.com/pti_news.asp?id=482093
REZAUL H LASKAR, PARIS, JUN 19 (PTI)
Samtel Display Systems today inked a pact with European defence electronics major Thales to set up a joint venture to develop sophisticated cockpit displays for military aircraft for the Indian and export markets.
The deal, signed by Samtel chairman Satish Kaura and Thales senior vice president Emmanual Grave in the presence of Defence Production Secretary K P Singh at the Paris Air Show, envisages the production of helmet-mounted and heads-up displays for fixed wing and rotary aircraft.
"This cooperation generates the opportunity for the creation of a joint company in India," Thales said in a statement.
Rajesh Kakkar, vice president of business development for Samtel, said the joint venture was likely to be set up within the next three to six months.
"Thales is a leader in such products and there were certain elements missing in our technology that we can achieve through such a tie-up. The deal will help reduce development time for new products and also allow both Samtel and Thales to take advantage of India's new offsets policy for defence contracts," Kakkar said.
Samtel, which posted a turnover of 300 million dollars last year, has a unit in Germany that is a leading producer of cathode ray tube displays and this will help in the development of new products. "We supply displays to Thales, Rockwell and Elbit of Israel," said Kakkar.
Samtel expects its new deal with Thales to dovetail with its existing Delhi-based joint venture with Hindustan Aeronautics Limited to develop multi-function cockpit displays for the Sukhoi-30 combat jets of the Indian Air Force.
"This joint venture is about a year old and the displays for the Su-30MKIs are undergoing final flight trials and are expected to be inducted by September," said Kakkar.
Samtel is also working with HAL to develop similar displays for the Light Combat Aircraft and Intermediate Jet Trainer and upgrades of the IAF's MiG-29s and Jaguar jets.
Thales officials said the deal with Samtel will allow both companies to use their engineering strengths and create new market opportunities.
Thales is currently providing the Indian Navy with head-mounted displays for the MiG-29 jets it plans to induct with the Gorshkov aircraft carrier and has won a contract for supplying six Scorpene submarines.
http://www.outlookindia.com/pti_news.asp?id=482093
