Joint venture between NUCON and ALKAN

Image
ANI New Delhi [India]
Last Updated : Apr 16 2018 | 3:35 PM IST

NUCON Indian Company and ALKAN French Company are creating a joint venture for the manufacturing and supply of 'Weapon Carriage Systems' on the Indian Defense market.

The proposed joint venture is under incorporation and will soon be registered under the India Laws.

Under the agreement, NUCON and ALKAN will share financial and technological resources to jointly operate a world-scale manufacturing facility in Hyderabad.

Through this manufacturing, the joint venture will deliver to the Aero Defense Industry in India, such as Indian Air Force (IAF), DRDO, Hindustan Aeronautics Limited (HAL) organisations etc. various equipment for their military aircraft the carriage of any type of airborne store such as bombs, missiles, pods, tanks.

Customers will benefit from 'Made in India' equipment at the latest world-class quality standard.

Proximity is a key success factor to support customers in their operations, by providing maintenance, repair and overhaul in a quick and efficient manner.

Lots of Indian projects from helicopters to fighters will benefit from Indian-made Weapon Carriage System.

The joint venture will give to foreign OEM as well opportunities of meeting their effort contractual obligation by the procurement of Indian made equipment.

NUCON is a pioneer in control systems applicable for missiles, aircraft and space and is already present in the weapon carriage system through a contract with DRDO for Brahmos missile ejection devices.

NUCON will bring their manufacturing facility and high skilled engineering team.

ALKAN, the world's leading companies in this sector, already equip ALH-WSI / LCH helicopters through ToT with HAL, but also various aircraft in use in the IAF (Mirage 2000) or to be acquired soon (Rafale).

This ambitious partnership will contribute to the joint venture's long-term competitiveness and position us for future growth in the Indian marketplace.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 16 2018 | 3:35 PM IST

Next Story