BAE Systems for new aerospace projects with HAL

Bangalore, March 26 : British aerospace major BAE Systems is keen on partnering with the Indian defence behemoth Hindustan Aeronautics Ltd (HAL) for new projects across 17 countries where it has presence.

"Our business relationship with HAL should go beyond Hawk (advanced jet trainer) to work on new projects in 17 countries the world over where we have presence," BAE chairman Dick Olver said Wednesday here.

Olver and BAE chief executive Ian King visited the aerospace facilities of the state-run HAL in this tech hub and interacted with its chairman R.K. Tyagi and senior officials on furthering their partnership.

"A new business model such as performance based logistics (PBL) could be an area of cooperation where we can learn a lot from BAE experiences," Tyagi said on the occasion.

The induction of the tandem twin-seat Hawk by the Indian Air Force (IAF) in 2008 to train its senior pilots in flying fighter jets and use of weapons at supersonic speed made India the second largest market for BAE for the aircraft after Britain.

Under production license from BAE, HAL makes the advanced version of Hawks at its Bangalore complex for the IAF, which has based the fleet at its Bidar station in north Karnataka, about 690km from here.

Of the 123 Hawks' deal, 24 were delivered in fly-away condition by BAE, while the remaining 99 are being manufactured by HAL.

Both the partners have been associated since 1940s when Tiger Moths were overhauled and strengthened their ties with the production of Jaguars in 1980s and the Hawks since the 1990s.

--IANS (Posted on 26-03-2013)

business-india-news headlines

DLF leases 3 million sq ft office space in 2013-14

Cairn India posts 18 percent rise in Q4 profit

Paris Motor Show woes Indian visitors

Toonz forays into artificial intelligence toys, films

Sensex, Nifty at new highs; capital goods sector gains

Sensex hits record high for third straight day

Reebok India launches 'live with fire' campaign

KBC winner Sunmeet Kaur to launch boutique in the capital

'Goa sells maximum beer in India'

RIL raises $550 mn from Japanese banks

OPEC daily basket price closes lower

Rupee slips below 61 against the dollar

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014


Your e-mail:

Your Full Name:

Type verification image:
verification image, type it in the box


Back to Top