Search This Blog

Tuesday, February 19, 2008

Tata, Boeing jv for defense products

American aircraft major Boeing has announced a decision to establish a JV with premier conglomerate Tatas to carry out defense-related aerospace component work and said it planned to make the promised Maintenance, Repair and Overhaul facility in Nagpur operational by 2009.

Tata Industries Limited and Boeing Company have agreed on a plan to form a joint venture company that will initially have over USD 500 million of defense-related aerospace component work in India for export to Boeing and its global customers, they said in a joint statement.

"This joint venture between Tata and Boeing is an important part of our strategy to build capabilities in defense and aerospace," Tata Group Chairman Ratan Tata said.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.