The $600-million Hyderabad-based 3F Group has diversified into aerospace and defence. It plans to invest about ₹500 crore to set up assembly facilities for unmanned aerial systems and composite materials.
3F Advanced Systems, the newly created division, has teamed up with European major SaaB-UMS to showcase the UMS Skeldar V-200 VTOL (vertical take-off and launch) remotely piloted aerial systems, at the Benguluru Aero Show next month.
Ashiis Goenka, MD of 3F Advanced Systems, said: “As fourth generation entrepreneurs, we have forayed into the aerospace and defence sector and chosen to work on unmanned aerial systems useful for surveillance in defence and civil applications.”
14/01/17 Defence Aviation Post
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3F Advanced Systems, the newly created division, has teamed up with European major SaaB-UMS to showcase the UMS Skeldar V-200 VTOL (vertical take-off and launch) remotely piloted aerial systems, at the Benguluru Aero Show next month.
Ashiis Goenka, MD of 3F Advanced Systems, said: “As fourth generation entrepreneurs, we have forayed into the aerospace and defence sector and chosen to work on unmanned aerial systems useful for surveillance in defence and civil applications.”
14/01/17 Defence Aviation Post
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