L&T tie-up with EADS for defence electronics

Mumbai, May 5: Larsen & Toubro (L&T) the engineering major and EADS Defence and Security of Europe on Tuesday, May 5 entered into a Joint Venture (JV), a company for defence electronics in India.

Based in Palegaon near Pune of Maharashtra, the new firm would aim at development, design, manufacturing and related services in the fields of electronic warfare, radars, military avionics and mobile systems for military requirements of Indian customers as well as the world market.

Indian government had approved the new JV. EADS leads in aerospace, defence and related services.

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