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UK ULTRA ELECTRONICS SIGNS DEFENCE SYSTEMS CONTRACT FOR INDIAN NAVY
Ultra Electronics Holdings PLC said on Monday its Maritime Systems business has been awarded
a contract from the Indian Ministry of Defence to supply the Indian Navy with defence systems.
Under the contract's terms, Maritime Systems, with the support of its sister business Command
and Sonar Systems and Indian Mahindra Defence Systems Ltd, will deliver defence systems
based on Ultra's Sea Sentor product, which is currently used around the world, in particular
by the UK's Royal Navy.
The defence, security, transport and energy company said the contracts would not make
a meaningful contribution to revenue for 2017, due to the initial engineering phase and the
time it will take for the sub-contracts to be placed.
The contract will take place over the next three years, with more revenue weighted towards
the second half of the period when production deliveries are made.
"I am very pleased that Ultra has been awarded this contract by the Indian Ministry of Defence.
It reinforces Ultra's position as a leader in the Naval defence market where it provides
highly complex sensor systems, complex processing products and countermeasures to both our domestic
and international customers," said Ultra Chief Executive Rakesh Sharma.
------------------------------------------------------- PROFESSOR UDUPI RAMACHANDRA RAO, EX-ISRO CHIEF
AND RENOWNED SPACE SCIENTIST, PASSES AWAY Internationally-renowned space scientist UR
Rao passed away early Monday, leaving the Indian Space Research Organisation (ISRO)
bereft of the experience of a man who has been a part of all its launches in one capacity
or another.
He was 85.
Rao, who breathed his last at about 2.30 am, was hospitalised earlier this year with a
heart ailment.
The former ISRO chief was serving as the chairman of the governing council of the physical research
laboratory and the chancellor of the Indian Institute of Science and Technology at Trivandrum.
Rao has held several top positions over the years, including at foreign universities.
He has won 10 international awards and many national awards.
After Satish Dhawan, he served as the chairman of ISRO for about 10 years between 1984-1994.
Born in Adampur village in Udupi, Rao has continuously been associated with India's
space programme working with people like MGK Menon (who recently passed away), Satish Dhawan
and Vikram Sarabhai.
-------------------------------------------------------------------
ISRAEL AEROSPACE INDUSTRIES (IAI) KEEN TO COLLABORATE WITH MORE INDIAN FIRMS
State-owned Israel Aerospace Industries (IAI) is gearing up to take its recent defence contracts
to the next level in India, and is keen to ink joint ventures with Indian firms, in which
local companies will own 51 per cent controlling interest.
In May, IAI, Israel�s prime aerospace and aviation manufacturer, was awarded an additional
$630-million contract for the supply of Barak-8 Long-Range Surface-to-Air Missile System (LRSAM)
for four ships of the Indian Navy, after an earlier $2-billion deal for the supply of
advanced Medium-Range Surface-to-Air Missiles (MRSAM) and missile defence systems to the
Army.
Shalom Revivo, Executive Director, International Sales and Marketing, IAI, told BusinessLine
how the contracts reinforce IAI�s global leadership position with regards to air and
missile systems, and how the firm is looking forward to establishing local companies in
India that will compete in defence tenders over the coming years.
Edited excerpts
--------------------------------------------------------------- China will remain a threat to India in future,
says Army Vice Chief
China, with its growing influence in the region, will remain a threat for India in the future,
said Lt. Gen. Sarath Chand, Vice-Chief of Army Staff, on Tuesday even as he defended
the comment of the Army Chief, General Bipin Rawat, on a �two-and-a-half front war�.
His comments come in the backdrop of the continuing standoff between the two Armies at Doklam
which began on June 16 after Chinese troops tried to build a road in the disputed territory.
----------------------------------------------------------------- Reliance Defence Engg Launches Patrol Ships
For Indian Navy Reliance Defence and Engineering, controlled
by Reliance Infrastructure, said it �launched� the first two of its five patrol vessels being
built for the Indian Navy at its shipyard in Pipavav, Gujarat.
The ships are being constructed under the �P-21� project.The Company is also engaged
in construction of one Training ship and fourteen Fast Petrol Vessels (FPVs) for the Indian
Cost Guard.
The patrol vessels are armed with 76mm Super Rapid Gun Mount (SRGM) system along with two
30mm AK-630 guns which provide medium range and short range offensive and defensive capabilities,
it said.
The armament is remotely controlled through an electronic Fire Control System.
The ships are fitted with 20,000 kW diesel engine driven propulsion systems and can deliver
speeds upto 25 knots.
All ship operations are controlled by an intelligent Integrated Platform Management System which
has interfaces for all operational activities on-board the ship.
The company has also built Ice Bulk Carriers for a Norwegian company, Offshore Support
Vessels for ONGC and Offshore Deck Cargo Barges for NPCC-UAE.
It is also engaged in repairing and retrofitting commercial and defence ships as well as mobile
oil drilling platforms for international clients.
------------------------------------------------------------------ Allaying Indian concerns, Sri Lanka limits
China�s role to commercial operations at Hambantota port
Sri Lanka�s Cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota
on Tuesday, the government said, after terms of the first pact sparked widespread public
anger in the island nation.
The port, close to the world�s busiest shipping lanes, has been mired in controversy ever
since state-run China Merchants Port Holdings, which built it for $1.5 billion, signed an
agreement taking an 80 per cent stake.
Under the new deal, which Reuters has examined, the Sri Lankan government has sought to limit
China�s role to running commercial operations at the port while it has oversight of broader
security.
------------------------------------------------------------------ Now, IAF plans to land its cargo planes on
Agra-Lucknow Expressway After two successful touchdowns by its fighter
jets on expressways in Uttar Pradesh last year, the Indian Air Force (IAF) will attempt
to land its transport planes on the Agra-Lucknow Expressway in October.
A state government spokesperson said the IAF was preparing to land its cargo planes on
the road-runway on the expressway.
The Agra-Lucknow Expressway has India�s first road runway.
The IAF landed seven of its Sukhoi and Mirage 2000 planes on the Unnao section of the expressway
in November last year.
Before that, the IAF had landed its Mirage 2000s on the Yamuna Expressway near Agra and
on the airstrip at Saifai village in Etawah district in May last year.
The 3.3-km stretch of the 302-km expressway can be used to land fighter jets and transport
planes in emergencies when military airfields are unavailable.
Till now, IAF has not landed its planes on roads in any other state.
The Agra-Lucknow Expressway was built at a cost of Rs 13,200-crore in 22 months by the
Akhilesh Yadav government.
The six-lane expressway is India�s longest one and can be expanded to eight lanes.
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