| By Anantha Krishnan M. | AVIATION WEEK |
Bangalore | India | December 14, 2010 |
Bengaluru-headquartered Bharat Electronics Ltd. (BEL) and Danish company Terma have signed a strategic memorandum of agreement (MoA) to cooperate in various fields of defense technology. BEL Design Director I.V. Sarma confirms to Aviation Week that the MoA primarily will focus on offsets and other general business in electronics. “It is a very general MoA and we would want Terma to pass on their offset works to us,” Sarma says. “Both companies also are eager to work together in the fields of advanced electronics.” Under the MoA, BEL and Terma will cooperate on naval radar technology and aircraft self-protection. The agreement sets the framework for current and future cooperation between the two companies, leveraging and complementing the unique strengths of each.
(This is a backlog update from Aviation Week to Tarmak007)