About Me

My photo
MILITARY TECHNOLOGY (MILTECH) is the world's leading international tri-service defence monthly magazine in the English language. MILITARY TECHNOLOGY is "Required Reading for Defence Professionals". Follow us on Twitter: MILTECH1

31 March 2012

See and Heard at DEFEXPO Day Three

Visualisation expert Barco is presenting its wide array of innovative products for enhancing situational awareness in defence programs, at stand #18g.62s, Hall 18. Highlights at the Barco booth include a live demo of Barco's VISTA 4500 console, a range of rugged MIL-qualified displays and processors, mission recorders and dedicated software for image processing.
Barco's VISTA 4500 console is the latest in the family of full MIL-qualified multi-function consoles. It offers an ergonomic, rugged working position for the most demanding sonar, C2, fire control or situational awareness applications. The  VISTA  4500's modular approach makes it ideal for easy integration into various Combat Information Center (CIC) applications on board surface ships or submarines.
Today at DEFEXPO, Rossell India Limited announced it has received approval from the Indian Foreign Investment Promotion Board (FIPB) to form a joint venture company with CAE to provide synthetic training solutions for the Indian defence market.
Under terms of the shareholders agreement, Rossell India Limited will hold a 74% share of the JV with CAE holding a 26% share.
The objective of this JV will be to focus primarily on providing training solutions for defence procurements where India is acquiring foreign platforms. The Indian MoD is seeking to further develop the indigenous capabilities of Indian industry and this Indian-owned joint venture company will fully qualify to meet this objective under the Indian offset criteria for defence programs.

Mahindra & Mahindra yesterday agreed to form a joint venture with Rafael Advanced Defense Systems.
Under the initial pact between the two companies, Mumbai-based Mahindra and Rafael will develop and manufacture naval systems at a factory in Pune, in western India.
Anand Mahindra, Vice-Chairman and MD, Mahindra Group, said the company is in discussions with a number of players who have both offset obligations and possible alliances that will help address the offset requirements.
"We have not yet benefitted but we are putting in place an infrastructure that can benefit, another variety of fronts. Today, we signed two joint ventures, one with Telephonics in the US and Rafael of Israel. Both of them will be building very high-tech electronic systems in India, which will qualify for fulfilling the offset requirements of some of the vendors of defense equipment in India," he said.

No comments:

Post a Comment