WASS Launches Subsidiary In India For Underwater Systems Nov 8, 2010 By Neelam Mathews NEW DELHI Finmeccanica is launching a subsidiary to cater to the Indian Navy’s blue-water desires. The company’s Whitehead Alenia Sistemi Subacquei (WASS) subsidiary has launched its own, first-ever subsidiary, WIN (WASS India), to offer service support, monitoring of the supply chain and to enter into industrial partnerships. “The Indian defense market is growing and we foresee only indigenous tenders in the future. We, therefore, found the need to have an Indian company,” says WIN Director Giuliano Enea. “We have identified technologies that are available in India that we need to exploit for WASS.” The company is looking at joint ventures for various domains it works with and is in talks with numerous companies, including Larsen & Toubro. Still, the cost of inve...