• Most Popular
  • Most Shared

Tata, EADS to bid jointly for Indian Army project

MUMBAI
Sat Feb 16, 2008 5:17am EST

Stocks

   
India's Tata Group Chairman Ratan Tata speaks during a news conference after the launch of company's new ''Nano'' car at the 9th Auto Expo in New Delhi January 10, 2008. India's Tata Advanced Systems said on Saturday it planned to form a partnership with an arm of European plane-maker EADS to bid for the Indian Army's $1 billion tactical communications system project. REUTERS/Vijay Mathur

MUMBAI (Reuters) - India's Tata Advanced Systems said on Saturday it planned to form a partnership with an arm of European plane-maker EADS (EAD.PA) to bid for the Indian Army's $1 billion tactical communications system project.

Deals

Tata Consultancy Services (TCS.BO), India's largest software service exporter, and Tata Power SED would also partner EADS Defense & Security in the project expected to be announced later this year, the company said in a statement.

EADS Defense & Security would be the system design authority responsible for the network architectural design and integration, the statement said.

Separately, Tata Advanced Systems said it would jointly explore opportunities with Israel's Urban Aeronautics for manufacturing and marketing unmanned aerial vehicles.

(Reporting by Arpan Mukherjee; Editing by Mike Peacock)



More from Reuters

A gold miner inspects a rock while digging a pit at the Chudja mine in the Kilomoto concession near the village of Kobu, 100 km (62 miles) from Bunia in northeastern Congo, February 23, 2009. REUTERS/Finbarr O'Reilly
OUTLOOK 2010:

Unsafe havens, big returns?

Underdeveloped, illiquid, unstable ... if you can stomach the risks, these diamonds in the rough look set to pay off.  Full Article 

A student receives a H1N1 vaccine injection at a hospital in Suining, Sichuan province November 11, 2009. Credit: REUTERS/Stringer

Pictures of the Year

A girl receiving the H1N1 vaccine and breathtaking saves in a soccer game are among the indelible Reuters images of the year.  Slideshow