Wednesday 6 July 2016

Tata Advanced Systems tying up with Bell Helicopter to compete for $2-billion naval chopper contract

NEW DELHI: Looking to consolidate its position as a leader in the Indian defence aviation industry, Tata Advanced Systems is tying up with Bell Helicopter of the US to compete against the Mahindra-Airbus combination for a $2-billion naval chopper manufacturing contract.
The mega contract for 100 utility helicopters to be operated from warships will be awarded as a 'Make in India' project. Tata will form a joint venture with Bell to bid for the contract under existing foreign direct  ..

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