Infotech Enterprises Ltd, a Hyderabad-based provider of engineering design, geospatial information and IT services has signed a Memorandum of Understanding with Eurocopter a Germany-based helicopter manufacturing company, for the attack helicopter programme of the Ministry of Defence, Govt. of India, it said in a filing to the Bombay Stock Exchange.
The company had recently announced of its plans to close “two good-sized acquisitions” in the aerospace domain in the next six months. Infotech is targeting firms that have the right set of skills and nearness to customers in the US, besides looking at companies that will help increase its competency in terms of delivery in China, Romania, India and Russia in the areas of geographic information systems and engineering within the design space.
