Neelam Mathews
Sept 14, 2012
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Even as EADS and BAE Systems are in discussions to merge the two
companies which could result in EADS owning 60 percent, BAE Systems has received a
Request for Proposal (RFP) from Hindustan Aeronautics Limited (HAL) for a
potential order to supply products and services for the manufacture of 20 Hawk
Advanced Jet Trainer (AJT) aircraft. The aircraft, to be built by HAL in
Bengaluru, will fulfill the Indian Air Force’s requirement for its prestigious
aerobatic team.
The combination entity with annual revenues close to $100
billion will result in the creation of a strong competitor to both Boeing and Lockheed Martin. “EADS brings to the
combination strength in European mainland markets while BAE brings strong
influence on the lucrative Middle Eastern and South African markets,’ says an analysis done by Aviotech.
The merged
company will make its presence across a larger spectrum of
project opportunities in India.
It will provide a strong political
impetus to large EADS programs in India, benefit EADS from the historical association
of HAL and BAE systems, benefit EADS that will tap the strong supply chain of BAE
systems in India, help reduce numbers and keep costs manageable and provide a
strong impetus to potential HALE and MALE UAV development projects with DRDO.
According to WSJ, a deal could intensify competition for shrinking
defense spending by Western governments and rising military investments in the
Mideast and parts of Asia.
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