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Centum Electronics announces strategic partnership with Israel based Rafael

Posted On : 2022-10-29 14:36:08( TIMEZONE : IST )

Centum Electronics announces strategic partnership with Israel based Rafael

Centum Electronics Limited today announced a strategic partnership with Israel headquartered Rafael Advanced Defense Systems Limited. As part of the MoU, both the companies will collaborate in the field of Electronic Warfare systems for the Indian Navy and Indian Coast Guards. The MoU envisages development and indigenous production of the futuristic light weight Electronic Warfare systems in lower frequency bands and life cycle support of the existing Electronic Warfare systems.

The MoU was signed by Mr. Nikhil Mallavarapu, Executive Director, Centum Electronics Limited and Mr. Oded Fisher, Naval Warfare System, Rafael Advanced Defense Systems Limited. Mr. Vinod Chippalkatti (President) and Mr. Subhash Ahlawat (Director, Business Development) from Centum Electronics and Mr. Shardul Rauthela (Director - Naval Systems) from Rafael Advanced Defense Systems were also present on the occasion.

Commenting on the partnership, Mr. Nikhil Mallavarapu said, "We are delighted to be associated with Rafael. Through this partnership, we look forward to augmenting our indigenous Electronic Warfare offerings with a range of high performance mission critical products in the domain. This MoU encompasses knowledge sharing and manufacturing in India, and will help us in our endeavour to build a self-reliant India. In Rafael, we have a good partner with a long history in India and technology leadership in the EW segment... and they also bring in a global perspective."

With the Indian Defence sector opening up on account of major policy changes initiated by the Government of India, both Centum and Rafael will leverage their knowledge, expertise and skills in the Electronic Warfare domain to capitalise on the opportunities coming up. This MoU will enhance Centum's indigenous Electronic Warfare system design and manufacturing capabilities through Rafael's decades of experience in lower frequency band Electronic Warfare system. This exclusive collaboration is likely to generate significant revenues over next three to five years.

"Rafael is committed to the AatmaNirbhar Bharat vision and is proud to collaborate with a state of the art company as CENTUM for the benefit of the Indian Navy" adds Mr. Oded Fisher.

Today, the Centum Group's offerings range from customized product design & development, manufacturing services and turnkey solutions for mission-critical applications. These solutions are offered through the key operating business units that work together to address the customer needs. Each business unit is led by a strong and experienced management team.

Source : Equity Bulls


CentumElectronics StrategicPartnership RafaelAdvancedDefenseSystems MoU Israel