Sunday, February 13, 2011

Saab, HAL Plan Joint Venture To Make AEW Systems

By Leithen Francis

Saab is planning to establish a joint venture in India with state-owned Hindustan Aeronautics Ltd. to manufacture airborne electronic warfare (AEW) systems for HAL’s advanced light Dhruv helicopters.
The Swedish company won a contract to provide these systems for Dhruvs but, under that agreement, there was a requirement for transfer of technology to HAL, says Saab country head Inderjit Sial. As a consequence, Saab decided to enter into discussions with HAL to set up production in India so “we could get the low-cost production capability of HAL,” Sial says.
He declines to say where the production facility will be or when it will open, because the joint venture is subject to approval by India’s Foreign Investment Promotion Board and Ministry of Defense. Saab will cap its stake at 26%, in compliance with India’s foreign investment rules, he adds.

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