PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Thales Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Thales & Bharat Electronics Form A Joint Venture in India - Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) and Thales announce that the Ministry of Corporate Affairs, Government of India, has approved the incorporation of their joint venture company, BEL-THALES Systems Ltd
Thales & Bharat Electronics Form A Joint Venture in India

 

NewswireToday - /newswire/ - Neuilly-sur-Seine, Hauts-de-Seine, France, 2014/09/30 - Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) and Thales announce that the Ministry of Corporate Affairs, Government of India, has approved the incorporation of their joint venture company, BEL-THALES Systems Ltd. Euronext: HO

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Navratna Defence Public Sector Undertaking Bharat Electronics Limited and Thales announce that the Ministry of Corporate Affairs, Government of India, has approved the incorporation of their joint venture company, BEL-THALES Systems Limited, in late August this year. This joint venture (JV) Company will primarily focus on the design, development, marketing, supply and support of civilian and select defence radars for India and the global markets. The first board meeting of BEL-THALES Systems Limited took place on Friday 26 September.

BEL holds a 74 % stake while Thales holds 26% of the equity in the JV Company. The initial product portfolio of BEL-THALES Systems Limited will comprise innovative solutions for air surveillance, including Air Traffic Management radars, and select ground-based military radars. The ultimate objective of the JV is to expand its scope in other fields than radars, in the defence electronics domain.

BEL-THALES Systems (thalesgroup.com) will seek to work closely with Government laboratories and the Indian industry and will consequently become a decisive contributor for innovation in various fields of defence electronics.

Expressing his confidence in this JV, S. K. Sharma, Chairman and Managing Director of BEL, said,“We have always valued our partnership with Thales. We are confident that our JV Company will benefit from the significant technology transfers and support from Thales, and from the extensive industrial and design skills of BEL.”

Commenting on the joint venture, Eric Lenseigne, Managing Director of Thales in India, said,“The incorporation of this joint venture company marks an important milestone in our 60 year-old association with BEL, and takes it to the next level. We will constantly support BEL-Thales Systems to become a centre of excellence, offering solutions specifically aimed at meeting the needs of both Indian and export customers in line with the government’s ‘Make in India’ approach.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Thales Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Thales & Bharat Electronics Form A Joint Venture in India

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

BEL-THALES Systems |
Publisher Contact: Emmanuelle Le Fol - ThalesGroup.com 
+33(0)1 57 77 91 71 emmanuelle.lefol[.]thalesgroup.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Thales Group securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Thales Group / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

Embraer Flies Fourth E190-E2 Prototype and Advances in the Certification Campaign
Successful Syndication of A €4bn Acquisition Bridge Facility for Safran
Brazil’s Azul Becomes the E195-E2 Launch Operator
Boeing 737 MAX 8 with CFM LEAP-1B Engines Receives FAA Certification
Leonardo Strengthens Strategic Partnership with Shanghai Zenisun in the Chinese Civil Helicopter Market
Leonardo's Air Traffic Control Innovations Are on Show At the 2017 World Air Traffic Management (ATM) Congress in Madrid
Bell Helicopter and Safran Celebrate First Delivery of the Bell 505 Jet Ranger X
Embraer Rolls Out the E195-E2 - The Most Efficient Next-Generation Commercial Jet in the World
Leonardo - Milestone Aviation Places Order for AW169 And AW139 Helicopters
PPG, PPG Aerospace Sealants Europe Receive Airbus Best Performer Awards
Exhibition At Turin Airport Spotlights Thales Alenia Space’s Contribution to Space Programs
A321neo with CFM LEAP-1A Engines Receives Joint EASA / FAA Certification
PPG to Exhibit Aerospace Products and Services At Avalon 2017 Australia International Airshow
Safran Enhances its Jet Engine Nacelle Support Capabilities with A New Center of Excellence for Maintenance, Repair and Overhaul
Airbus Safran Launchers - 77th Consecutive Successful Launch for Ariane 5

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)