To manufacture and service airborne radar systems
Mahindra & Mahindra and U.S-based Telephonics Corporation, a leading designer, developer and manufacturer of high-technology integrated information, communication and sensor system solutions to military and commercial markets, announced a joint venture here on Thursday.
Telephonics, a subsidiary of Griffon Corporation, has installed intercommunication systems for the C-17 Globemaster transport aircraft that the Indian Air Force procured from the U.S. and is contracted to supply multi-mode radars for the P8I long range maritime patrol aircraft for the Indian Navy. Through the tie-up the companies plan to provide to the Ministry of Defence and the Indian civil sector with radar and surveillance systems, Identification Friend or Foe (IFF) devices and communication systems. In addition, the joint venture intends to provide systems for air traffic management services, homeland security and other emerging surveillance requirements.
The project envisages establishing a plant in India which would manufacture and service airborne radar systems that are already being supplied to Hindustan Aeronautics and to support airborne maritime surveillance systems for the Indian Navy and Coast Guard. The joint venture will license technology from Telephonics for use on a wide range of products that have both defence and civil applications, Khutub Hai, Chief Executive of Mahindra Defence Systems, said here.
On his part, Telephonics Corporation CEO Joseph Battaglia said his company had established presence in the Indian defence and civil markets, including supply of RDR-1400 weather avoidance radar systems for helicopters built in Bangalore.
They said approval was being sought from the Foreign Investment Promotion Board to establish the joint venture in accordance with the 26 per cent cap on foreign direct investment in the defence sector.