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21 Apr 2018, Edition - 1012, Saturday

FLASH NEWS:

  • EXCLUSIVE: Massive protest by Dalit group, thousands protest over the dilution of SC/ST Act, blocks T.N-Karnataka highway
  • 1993 Bombay blast accused’s Parole rejected, Abu Salem’s Parole rejected by jail authorities, Abu Salem sought Parole to get married
  • JUST IN: RS Chair studying impeachment notice to consult with legal luminaries: Sources
  • A senior BJP leader from Tamil Nadu has apologised for his Facebook comments on journalists
  • 2G Case: Delhi HC notice to Essar group, others, seeks response on CBI’s plea challenging acquittal
  • Sources: DMK non-committal on CJI impeachment, DMK says no graft charge against CJI
  • Maya Kodnani has been acquitted in the Naroda Patiya case by the Gujarat High Court
  • Report incriminates lawmakers, BJP leads, Shiv Sena and TMC follow, Report suggest that 48 MPs face rape charges
  • Big day in Naroda Patiya case, Gujarat HC to pronounce verdict
  • Ahead of Karnataka elections, complaint registered against Sanjay Patil, BJP MLA booked for inciting hate, polarising votes

Businesswire

Joint Venture Between NUCON and ALKAN

by businesswireindia.com

Business Wire India
NUCON Indian Company and ALKAN French Company are creating a Joint Venture for the manufacturing and supply of ‘Weapon Carriage Systems’ on the Indian Defense market. The proposed Joint Venture is under incorporation and will soon be registered under the India Laws.
 
Under the agreement, NUCON and ALKAN will share financial and technological resources to jointly operate a world-scale manufacturing facility in Hyderabad.
 
Through this manufacturing, the JV will deliver to the Aero Defense Industry in India, such as Indian Air Force (IAF), DRDO, Hindustan Aeronautics Limited (HAL) organizations etc. various equipment for their military aircraft the carriage of any type of airborne store such as bombs, missiles, pods, tanks.
 
Customers will benefit from ‘Made in India’ equipment at the latest world class quality standard. Proximity is a key success factor to support Customers in their operations, by providing Maintenance, Repair and Overhaul in a quick and efficient manner.
 
Lots of Indian projects from helicopters to fighters will benefit from Indian-made Weapon Carriage System. The JV will give to foreign OEM as well opportunities of meeting their effort contractual obligation by the procurement of Indian made equipment.
 
NUCON is a pioneer in control systems applicable for missiles, aircraft and space and is already present in the weapon carriage system through a contract with DRDO for Brahmos missile ejection devices. NUCON will bring their manufacturing facility and high skilled Engineering team.
 
ALKAN, the world’s leading companies in this sector, already equip ALH-WSI / LCH helicopters through ToT with HAL, but also various aircraft in use in the IAF (Mirage 2000) or to be acquired soon (Rafale).
 
This ambitious partnership will contribute to the Joint venture’s long-term competitiveness and position us for future growth in the Indian marketplace.

Website
NUCON Aerospace Pvt. Ltd
ALKAN
Source: Businesswire
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