India's Reliance Defense Limited and French Thales will form an Indian Joint Venture (JV) as part of latter's offset commitment ...
India's Reliance Defense Limited and French Thales will form an Indian Joint Venture (JV) as part of latter's offset commitment to the Rafale fighter jet deal.
With a proposed shareholding of 49 and 51 percent held respectively by Thales and Reliance, the JV will develop Indian capabilities to integrate and maintain the radar and electronic warfare sensors of Dassault Rafale.
India inked a contract with France to purchase 36 Rafale fighter jets in fly-away condition for a whopping $8.8 billion in 2016.
Thales provides equipment and systems that together account for about 25% of the total value of each Rafale which include the RBE2 AESA radar, the Spectra electronic warfare system, Front-Sector Optronics (FSO) system, the communication navigation and identification system (CNI), AREOS Reco NG (Airborne and Reconnaissance and Observation) system, Damocles multifunction targeting pod the majority of the cockpit display systems, power generation systems and a logistics support component.
