15 Feb 11. The Tata group has boosted its chances of becoming the preferred local partner of US firms bidding to sell medium multi-role combat aircraft (MMRCA) to India in the world’s largest fighter jet deal. On Monday, Tata Advanced Systems Ltd, a subsidiary of Tata Sons Ltd, signed an agreement with Lockheed Martin Corp. to form a joint venture (JV) company, Tata Lockheed Martin Aerostructures, to build aerostructures for the C-130 aircraft produced by the US firm. (Source: Google)
10 Feb 11. Cassidian and Indian engineering giant Larsen & Toubro (L&T), Mumbai, join forces in the field of defence electronics. The Indian authorities have now approved the formation of a joint venture company between L&T and Cassidian, the newly renamed defence and security division of Europe’s leading aerospace and defence group – EADS. The joint venture, based in Talegaon near Pune and in Bengaluru, will be active in the defence electronics market. It aims to cover manufacturing, design, engineering, distribution and marketing in the fields of electronic warfare, radars, avionics and mobile systems (such as bridges) for military applications. L&T will hold 74 per cent in the JV whereas Cassidian’s share will be at 26 per cent. The joint venture will cooperate closely with Cassidian’s new engineering centre in Bengaluru where systems design and engineering activities will be carried out in the fields of electronic warfare, radars and avionics for military application.
10 Feb 11. Saab AB is to set up a joint venture (JV) with Hindustan Aeronautics Limited (HAL) to manufacture airborne warfare systems for advanced light helicopters in India. The JV will manufacture electronic warfare systems for HAL’s advanced light Dhruv helicopters. The HAL designed and developed Dhruv is a multirole, multimission helicopter
currently in use with the Indian armed forces. Saab India operations head Inderjit Sial said the JV, which has been approved by both Saab and HAL’s boards, will import as much as 60% of its components. (Source: armytechnology.com)
15 Feb 11. VSD, LLC (VSD) entered into an agreement Feb. 7 with DTM Global to provide product line sales, marketing, engineering, and technical services in support of computer-based simulation systems software and equipment. VSD’s marketing focus will be in the Americas and will emphasize the Fleetman maritime family of products.“We are honored to partner with DTM Global to market their products in the Americas,” stated Chuck Wythe, managing director of VSD. “Being the sole provider to the Americas of the Fleetman maritime products will allow us to focus in depth on markets we know are strong and in need of this dynamic product line. We look forward to pursuing foreign military sales opportunities through the U.S. government as well as markets right here at home both commercial and defense related. I believe the combination of DTM Global and VSD’s core strengths will allow us to become a dominant player in the maritime simulation and training markets, with products that are in high demand worldwide.” The Fleetman maritime products VSD will market include Fleetman Desktop, Fleetman Bridge Trainer, and Fleetman Flight Deck Officer Trainer. In addition, VSD will market DTM Global’s Deployable Electronic Warfare Environment Trainer.
10 Feb 11. General Dynamics Information Technology has formed a new partnership with TIBCO Software Inc. to help customers with their HIPAA 5010 and International Classification of Diseases, 10th Revision (ICD-10) testing and conversion strategy. TIBCO will now incorporate General Dynamics’ ViPS’ NAV-10 technology into selected TIBCO(R) Foresight(TM) products. The NAV-10 Code Translation Suite is an integral component of the General Dynamics’ ICD-10 Readiness Solutions software. The software provides organizations with a clear understanding of the impacts and costs associated with the mandated transition to ICD-10. It offers enterprise-wide migration solutions, including