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Wednesday, February 17, 2010

Wipro & CAE Inc joins to enter defence sector.

Wipro on Wednesday announced it has signed an agreement with CAE Inc to jointly address the growing simulation-based training,operations, maintenance and training support services opportunities for India's defence forces.

Wipro and CAE would collaborate to provide training systems integration and simulation-based solutions for areas like war gaming, C4ISR and a range of defence platforms expected to be acquired by India's defence forces, the Bangalore-headquartered Wipro said in a statement.

The two companies would also work together to help original equipment manufacturers meet offset obligations in India that are required by the Defence Ministry.

"Both companies shall provide joint investments, sales support and local production support based on the respective expertise of each company", it said.

Wipro would also work closely with Bangalore-based CAE India Pvt Ltd, which is incorporated in India and is part of CAE's global family of companies serving the defence market.

CAE India is leveraging CAE's full breadth of simulation products, technologies and capabilities to address the requirements of defence forces, it said.

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