Friday, February 17, 2017

Raytheon, Tata Advanced Systems to Co-produce Stinger Missile Components


BANGALORE, India (Feb. 17, 2017) — Raytheon Company (NYSE: RTN) signed a memorandum of understanding with India’s Tata Advanced Systems Limited to engage in co-production of Stinger air defense missile components.

“Our agreement with Tata Advanced Systems deepens our industrial partnership in India with a global technology leader and will expand the range of options and capabilities for U.S. and coalition forces to achieve their missions,” said Duane Gooden, Raytheon Land Warfare Systems vice president.

As part of the new pact, TASL could produce components of the Stinger missile in India. Stinger has both surface-to-air and air-to-air applications against a variety of airborne targets.
“This collaboration with Raytheon is in keeping with other partnerships that TASL has with global leaders in the defense and aerospace sector. We look forward to becoming a key contributor to the Stinger missile for India,” said Sukaran Singh, chief executive officer and managing director of TASL.

“We will seek to expand our relationship to other missile systems and technologies, and contribute to the progressive implementation of the ‘Make in India’ initiative to address multiple objectives of the government, such as value addition, employment, and control over key technologies,” added Singh.
In 2016, India was one of three international customers to order Stinger missiles. India will equip its AH-64 Apache helicopters soon to enter service with the Indian Air Force.

About Stinger

The combination of supersonic speed, agility, highly accurate guidance and control system and lethal warhead gives Stinger the operational edge against all classes of helicopters, UAVs, cruise missiles, and fixed-wing aircraft. Stinger not only has a surface-to-air capability from land and sea, but also an air-to-air capability that can be integrated into most fixed- or rotary-wing platforms.
About Tata Advanced Systems Limited

Tata Advanced Systems Limited is a wholly owned subsidiary of Tata Sons, focused on providing integrated solutions for Aerospace, Defence and Homeland Security. In a short span of five years, Tata Advanced Systems Limited has become a significant player in the global aerospace market, becoming the premier manufacturing partner for global OEMs, including Boeing, Airbus Group, Sikorsky Aircraft Corporation, Lockheed Martin Aeronautics, Pilatus Aircraft Ltd, Cobham Mission Equipment, RUAG Aviation, as well as the Government of India’s Defence Research & Development Organisation. It has capabilities throughout the entire aerospace value chain from design to full aircraft assembly, and is well positioned in other areas that include missiles, radars, unmanned aerial systems, command and control systems, optronics and homeland security.

About Raytheon                                                                                                                     

Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
 

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