Ties with HAL could go beyond Hawk, says BAE executive

Image
Press Trust of India Bangalore
Last Updated : Mar 26 2013 | 9:30 PM IST
BAE Systems Chairman Dick Olver today said the deep-routed business relationship with HAL should go beyond Advanced Jet Trainer Hawk to make the future even better than the past.
India being the second largest market for Hawk after the UK, both the partners could think of working on new projects in 17 countries where BAE has its presence, he said in a statement after visiting an HAL facility here.
HAL Chairman R K Tyagi said the state-owned aeronautical company would be keen to carry forward this relationship.
A new business model such as Performance Based Logistics (PBL) could be an area of cooperation with HAL learning from BAE experiences, he said.
HAL and BAE Systems have been together since 1940s when Tiger Moths were overhauled and the relationship strengthened through production of Jaguars in 80s and the Hawk fleet in the last 20 years, Tyagi added.
Currently, HAL produces Hawk Mk, 132 under license from BAE Systems, UK and the first aircraft was handed over to the Indian Air Force in August 2008, he said.
The Hawk Mk 132 is an Advanced Jet Trainer with tandem duel seats meant to provide advanced flying and weapons training, he said.
*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: Mar 26 2013 | 9:30 PM IST

Next Story