In an effort to reaffirm their commitment to strengthening India’s aerospace sector and India-US ties, US-based Lockheed Martin on Friday inked MoUs with three Indian start-ups.
The MoUs were inked at the end of three days joint Lockheed Martin and Tata Advanced Systems (TASL) third annual “Suppliers Conference” in New Delhi. The conference helped in bringing together the current F-16’s “Tier-1 vendors” with prospective partners from the Indian industry.
Said Vivek Lall, Vice President for Strategy and Business Development at Lockheed Martin Aeronautics, these agreements are a testimony to the commitment of Lockheed Martin to cultivate and integrate indigenous content into global systems and platforms.
“Through these agreements, we look to provide engineering support, mentoring, and assistance in the qualification of some of the technologies proposed, all of which contribute to our mission of making in India,” he added.
Expected to pave the way for them to gain entry is the American Company’s supply chain, three start-ups Terero Mobility, Sastra Robotics, and NoPo Nanotechnologies, who are graduates of the India Innovation Growth Programme (IIGP), will also contribute to the evolution of both the Indian and global aerospace & defence industry.
19/07/19 Huma Siddiqui/Financial Express
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The MoUs were inked at the end of three days joint Lockheed Martin and Tata Advanced Systems (TASL) third annual “Suppliers Conference” in New Delhi. The conference helped in bringing together the current F-16’s “Tier-1 vendors” with prospective partners from the Indian industry.
Said Vivek Lall, Vice President for Strategy and Business Development at Lockheed Martin Aeronautics, these agreements are a testimony to the commitment of Lockheed Martin to cultivate and integrate indigenous content into global systems and platforms.
“Through these agreements, we look to provide engineering support, mentoring, and assistance in the qualification of some of the technologies proposed, all of which contribute to our mission of making in India,” he added.
Expected to pave the way for them to gain entry is the American Company’s supply chain, three start-ups Terero Mobility, Sastra Robotics, and NoPo Nanotechnologies, who are graduates of the India Innovation Growth Programme (IIGP), will also contribute to the evolution of both the Indian and global aerospace & defence industry.
19/07/19 Huma Siddiqui/Financial Express
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