Tata Buys Majority Stake in HBL Elta Avionics

[ARCHON]

Tata Buys Majority Stake in HBL Elta Avionics​

NEW DELHI - India's Tata Group of companies has acquired a 74 percent stake in HBL Elta Avionics Systems Ltd. (HELA), a Hyderabad-based company that also has equity from Israeli company Elta.

Tata Advanced Systems, part of the Tata Group of Industries, bought the stake in HELA, which manufactures radar, electronic warfare and surveillance systems, while the remaining 26 percent remains with Elta, a subsidiary of Israel Aerospace Industries (IAI). The total amount of the transaction is not known.



This is the Tata group's second joint venture with IAI, as it already has a 74-26 partnership with the Israeli company to manufacture UAVs, electronic warfare systems, missiles, radars and homeland security systems.

Tata Advanced Systems also has a joint venture with U.S.-based helicopter maker Sikorsky Aircraft to manufacture cabins for Sikorsky S-92 helicopters.


Tata Buys Majority Stake in HBL Elta Avionics - Defense News

 

[Young Wolf]

does this mean we get the elta 2052 aesa radar??

 

[Surrender2me]

Good news indeed

 

[Surrender2me]

does this mean we get the elta 2052 aesa radar??

yes,and elta supports for LCA

EL/M-2052 - Wikipedia, the free encyclopedia

 

[Capt.Popeye]

does this mean we get the elta 2052 aesa radar??

And ELTA jammers and ...........
It is Good News for sure.

 

[SQ8]

Hmm..
TATA wants to be Wayne enterprises.

 

[Ammyy]

does this mean we get the elta 2052 aesa radar??

I dnt think thts too easy cause they need government approval for any transfer of technology even to their new partner

But thts not a big problem i guess cause Israel also want to sell their products to us..