BEL, Lockheed to jointly tap business

 The agreement will support the Indian government's current and future aerospace and defence electronics requirements as well as Lockheed Martin's international market requirements.

The MoU was signed at a ceremony at the Aero India 2007 air show and
exposition at the Yelahanka Air Force Station in Bangalore.

" It will help us provide innovative and hi-tech solutions for foreign
manufacturers seeking Indian partners to meet their offset requirements. We will also provide contract manufacturing support for Lockheed Martin," K Prakash, general manager (international marketing), Bharat Electronics, said.

Headquartered in Bethesda, Maryland, USA, Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.