The Tata Group announced on Saturday that it was planning a partnership with European defense and aerospace consortium EADS to bid for a US$1 billion communication system project for the Indian army, a company statement said.
Tata Advanced Systems (TAS), a wholly-owned subsidiary of the Tata Group, along with other group companies would be tying up with EADS Defense and Security, US-based Raytheon and Precision Electronics to bid for the Indian Army's tactical communication project, the release said.
The communication system project, which is expected to be announced later this year, is aimed at replacing the army's current system with the latest and most sophisticated technology.
The Indian Army had issued a detailed request for information to more than 40 defense companies and systems integrators worldwide last year for the system.
Recognizing the national importance of the project, the Tata Group had decided to launch new umbrella company TAS which would leverage the capabilities of several group companies with a view to implementing the project, group chairman Ratan Tata was quoted as saying in the statement.
EADS would be responsible for the system's architectural design and integration in the proposed bid, the statement said. TAS, EADS and the other partners together had the capabilities to meet the operational needs of the army and ensure the project was indigenous in procurement, integration and delivery, it said.
TAS, with a focus on defense and aerospace, is the latest addition to the Tata Group comprising more than 95 companies with interests ranging from engineering, automobiles, information technology and telecommunications to hospitality. The group has a market capitalization of US$61.81 billion.
Japanese Prime Minister Sanae Takaichi yesterday lavished US President Donald Trump with praise and vows of a “golden age” of ties on his visit to Tokyo, before inking a deal with Washington aimed at securing critical minerals. Takaichi — Japan’s first female prime minister — pulled out all the stops for Trump in her opening test on the international stage and even announced that she would nominate him for a Nobel Peace Prize, the White House said. Trump has become increasingly focused on the Nobel since his return to power in January and claims to have ended several conflicts around the world,
UKRAINE, NVIDIA: The US leader said the subject of Russia’s war had come up ‘very strongly,’ while Jenson Huang was hoping that the conversation was good Chinese President Xi Jinping (習近平) and US President Donald Trump had differing takes following their meeting in Busan, South Korea, yesterday. Xi said that the two sides should complete follow-up work as soon as possible to deliver tangible results that would provide “peace of mind” to China, the US and the rest of the world, while Trump hailed the “great success” of the talks. The two discussed trade, including a deal to reduce tariffs slapped on China for its role in the fentanyl trade, as well as cooperation in ending the war in Ukraine, among other issues, but they did not mention
REASSURANCE: The US said Taiwan’s interests would not be harmed during the talk and that it remains steadfast in its support for the nation, the foreign minister said US President Donald Trump on Friday said he would bring up Taiwan with Chinese President Xi Jinping (習近平) during a meeting on the sidelines of the APEC Summit in South Korea this week. “I will be talking about Taiwan [with Xi],” Trump told reporters before he departed for his trip to Asia, adding that he had “a lot of respect for Taiwan.” “We have a lot to talk about with President Xi, and he has a lot to talk about with us. I think we’ll have a good meeting,” Trump said. Taiwan has long been a contentious issue between the US and China.
GLOBAL PROJECT: Underseas cables ‘are the nervous system of democratic connectivity,’ which is under stress, Member of the European Parliament Rihards Kols said The government yesterday launched an initiative to promote global cooperation on improved security of undersea cables, following reported disruptions of such cables near Taiwan and around the world. The Management Initiative on International Undersea Cables aims to “bring together stakeholders, align standards, promote best practices and turn shared concerns into beneficial cooperation,” Minister of Foreign Affairs Lin Chia-lung (林佳龍) said at a seminar in Taipei. The project would be known as “RISK,” an acronym for risk mitigation, information sharing, systemic reform and knowledge building, he said at the seminar, titled “Taiwan-Europe Subsea Cable Security Cooperation Forum.” Taiwan sits at a vital junction on
RSS