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Saturday, October 30, 2010

Swedish defence giant SAAB seeks more share in India

Swedish defence equipment maker, SAAB, is looking to have a key role in supply of equipment for the three services - the Army, the Navy and the Air Force. The company that is the one of the six contenders for the $11-billion deal for fighter aircrafts for the IAF, is already having tie-up for 'Carl Gustav' rocket launchers for the Indian Army and the stealth technology radars for the Navy. CEO of SAAB HÃ¥kan Buskhe told reporters that he was looking for further tie-ups and was in talks with Mahindra and Mahindra in the aviation sector.

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