February 17, 2017

Raytheon, Tata Advanced Systems to co-produce Stinger missile components

Tata Advanced Systems to produce missile components

Bengaluru, India: Raytheon Company (NYSE: RTN) signed a memorandum of understanding with India’s Tata Advanced Systems (TASL) to engage in co-production of Stinger air defense missile components.

Ratan Tata, Chairman Emeritus of Tata Sons, along with Mark Noyes, director of international business development for Raytheon Missile Systems, and Sukaran Singh, CEO and MD, Tata Advanced Systems (TASL), at the signing of the memorandum of understanding between Raytheon Company and TASL to engage in co-production of Stinger missile components at the Aero India 2017 in Bengaluru

“Our agreement with Tata Advanced Systems deepens our industrial partnership in India with a global technology leader and will expand the range of options and capabilities for U.S. and coalition forces to achieve their missions,” said Duane Gooden, Raytheon Land Warfare Systems vice president.

As part of the new pact, TASL could produce components of the Stinger missile in India. Stinger has both surface-to-air and air-to-air applications against a variety of airborne targets.

“This collaboration with Raytheon is in keeping with other partnerships that TASL has with global leaders in the defense and aerospace sector. We look forward to becoming a key contributor to the Stinger missile for India,” said Sukaran Singh, chief executive officer and managing director of TASL.

“We will seek to expand our relationship to other missile systems and technologies, and contribute to the progressive implementation of the ‘Make in India’ initiative to address multiple objectives of the government, such as value addition, employment, and control over key technologies,” added Singh.

In 2016, India was one of three international customers to order Stinger missiles. India will equip its AH-64 Apache helicopters soon to enter service with the Indian Air Force.