|SAAB Press Release|
Saab, Kalyani Group sign strategic partnership for air defence of India
The partnership will address key Indian Army air defence projects, including the VSHORAD and SRSAM requirements.
Defence and security company Saab and the Kalyani Group, one of India's leading high-technology multinationals, have entered into a strategic alliance to partner and address key Indian Army air defence projects, including the VSHORAD and SRSAM requirements.
The teaming combines Saab's many decades as a leading developer and supplier of proven hi-tech radar and missile systems, with the rich engineering and manufacturing capabilities of Kalyani.
The agreement was signed by Saab's CEO and President Håkan Buskhe and Baba Kalyani, Chairman of the Kalyani Group, during the Defexpo exhibition in India.
Baba Kalyani, Chairman of the Kalyani Group, stated: "This coming together of the Kalyani Group and Saab is a very important step in our journey to address the indigenisation efforts of the Indian defence sector. The partnership between the Kalyani Group and Saab will leverage our strong innovation-based manufacturing capability, coupled with Saab's technical expertise and leadership in air defence systems, to deliver state-of-the-art, world-leading solutions to the Indian Army's air defence programmes."
Bushke again expressed his continuing support for India's ambitions, noting: "Saab has made a long-term commitment to India and is keen to support India's efforts to create an indigenous defence industry. This tie-up with Kalyani Group marks a significant step in that direction, where the two parties will serve India's air defence missile system requirements through indigenous production and transfer of technology."
The agreement will initially focus on the VSHORAD and SRSAM programmes for India. Saab is offering a system based on the RBS 70 NG missile system for VSHORAD, delivering a highly accurate, man-portable system with 24/7 all-target capability that is immune to countermeasures. For the SRSAM requirement, Saab is offering a unique combination of its Giraffe AMB 3-D radar and the BAMSE advanced ground-based air defence missile system.
For further information, please contact:
Issued by: Saab, Johannesburg - 2014-02-17 11:03:00