Alpha Design Technologies, a leading Bengaluru based manufacturer has announced the inking of an agreement with Elbit Security Systems (ELSEC), Israel for expansion of the existing joint venture company (JVC) ‘Alpha-Elsec Defence & Aerospace Systems.
The agreement was inked as part of Prime Minister of India, Narendra Modi’s visit to Israel this week.
The agreement enhances the scope of operation of the JVC into niche technological areas such as new generation thermal imaging equipment’s, state-of-art fire control systems, unmanned aerial systems (UAS) under the mini, medium sized UAV category, in addition to night vision devices, laser range finders, laser pointers, reflex sights, amongst the others.
The two companies have agreed that this expansion would forge a technology based partnership with emphasis on the ‘Make in India’ initiative by setting up ultra-modern facilities for design, development and manufacture.
Elad Aharonson, Executive Vice President and General Manager, ELBIT – ISTAR Division said, “Together with Alpha Design, we have successfully completed two major contracts for the upgradation of armoured vehicles – thermal imaging sighting kit – 969 sets for the BMP-2 and Thermal Imaging based Fire Control Systems – 1000 sets for the T-72, including providing installation and life cycle support for these systems to the Indian Defence Forces.”
‘The expanded JVC platform would combine the development capabilities accumulated within Elbit in the opto-electronic and the mini, medium sized UAV segment with Alpha Design’s advanced production and technological capabilities to offer the most advanced systems to the India’s Defence Forces,” added Aharonson.
Col. H. S. Shankar, Chairman & Managing Director, Alpha Design Technologies said, “This JVC would combine the excellent technological capabilities of Elbit with the young and talented manpower resources of Alpha Design to form center of excellence in thermal imager technology. In addition to meeting the Indian defence market demands, the JVC’s focus would be to cater to the exports business opportunity of minimum 50%.”
Alpha Design Technologies is known for its capabilities for delivering defence electronics and aero structures, as well as R&D and manufacturing. The company has supplied defence electronics equipment worth more than $100 million in the past 5 years and holds a confirmed Order Book of more than $250 million for the next 3 years.