19 Jan 2020 | 5:12 AM

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Cyient signs pact with QinetiQ to Offer Avionics Products for Unmanned Target Systems in India
  Cyient Ltd. | 17 Jan 2020 | 10:51 AM
Published on 09-11-2019
IT firm Cyient Limited said that “it had signed a Memorandum of Understanding (MoU) with UK-based defense technology firm QinetiQ`s Target Systems (QTS) to offer avionics products for its unmanned target systems” in a filing to Bombay Stock Exchange.


The company will provide advanced manufacturing and electronics engineering solutions for QTS` range of unmanned air land and sea target systems from its facilities in India.


Graham Brooks Program Manager India at QinetiQ Target Systems said “The signing of this MOU with Cyient marks a significant milestone in QTS` strategy in India.”


“The high levels of expertise and quality within the Cyient business together with the enthusiasm and desire to succeed have impressed us from day one” Graham said.


“Initial efforts are focused on the manufacture and assembly of avionics and electronics assemblies for our target systems as we grow indigenous activities beyond the manufacture and assembly of airframes subsystems and ground equipment already in place" he said.


Anand Parameswaran Senior Vice President Aerospace and Defense at Cyient said "We are very excited about our collaboration with QTS a world leader in unmanned air land and sea targets for live-fire training test and evaluation exercises.”


“This partnership will allow us to support the "Make in India" initiative of the Government of India by building critical subsystems for QTS products out of our manufacturing facilities. While we will initiate the collaboration with making avionics products Cyient`s comprehensive design build and maintain portfolio will be leveraged for other purposes as well” Anand said.


“We can deliver world-class aerospace engineering solutions and leverage our award-winning productivity and innovation framework to support QTS` products in India. We see a seamless alignment between our business strategies and this MoU is a significant milestone in our long-term partnership" he said.


The shares of Cyient Ltd were trading at Rs. 454.00 apiece high at 10.80 points or 2.44 per cent at 13:39 hours on the BSE.