Alpha Design to jointly upgrade IAF helicopters

Image
IANS Bengaluru
Last Updated : Feb 16 2017 | 7:14 PM IST

Leading electronic devices maker Alpha Design Technologies Ltd on Thursday announced signing a $30 million (Rs 201 crore) deal with Elbit Systems of Israel to jointly upgrade MI-17 helicopters of the Indian Air Force (IAF).

"The offset contract involves upgrading 90 MI-17 helicopters of the IAF by manufacturing smart displays, new cockpit, transponder, digital voice recorder, missile launch detection systems (MILDS), cables and brackets," said the company in a statement at the Aero India 2017 expo here.

The city-based company manufactures MILDS in collaboration with global aerospace major Airbus Industries of France, as part of the state-run Defence Research and Development Organisation (DRDO)'s project for upgradation of helicopters.

"We have produced and supplied 469 MILDS as part of Cheetah helicopter upgrade of the Army Aviation Corps during 2015-16," said Alpha Chairman Colonel H.S. Shankar in the statement.

Asserting that the offset contract reinforced the company's commitment to providing best defence technologies to the armed services, Shankar said Alpha would hope to get more such deals as upgrades of Ka226, LCH, ACH, Chinook and Apache helicopters were on anvil.

The company has supplied defence electronics equipment valued at $100 million over the past five years and has $250-million order book for the next three years.

The company had a turnover of Rs 402 crore in the last fiscal 2015-16.

--IANS

fb/rn

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: Feb 16 2017 | 7:06 PM IST

Next Story