Raytheon joins hand with Monument Capital Group
Raytheon has entered into a distribution agreement with Monument Capital Group (MCG). Under the agreement, MCG will engage potential Indian partners to provide mass notification and non-lethal systems to solve challenging security problems and emerging safety requirements. Applications of these products include high-value asset and critical infrastructure security, protection against terrorism and piracy, explosives detection, and innovative emergency response solutions for natural disaster management. Security solutions are aimed at enhancing border, port, maritime and aviation security.
“Our agreement with MCG will help to expand Raytheon’s global reach in homeland security, national defence and commercial security markets,” said Mike Booen, Raytheon Missile Systems’ vice president of Advanced Security and Directed Energy Systems. “The agreement also enables our customers to set up local operations for full services, installation and maintenance of cutting-edge security technology products, ensuring customers receive full and long-term value from their technology purchases.”
Raytheon will leverage MCG’s prospective strategic partnerships with leading international companies in high-growth security markets to provide indigenous country full-service support and business expertise. Customers will have access to new security technologies that safeguard security in civil, defence and critical infrastructure, and increase emergency and disaster management capabilities.
“For nearly a century, Raytheon has created an international brand known for its leadership in technology and innovation,” said Robert Dunn, MCG Managing Director. “We look forward to working with the company to secure opportunities for its products in the global security market.” vehicles, as well as coastal surveillance systems. To round off its broad palette, Atlas offers a comprehensive range of support services, both before and after delivery of the products.
Dieter Rottsieper and Volker Paltzo, Managing Directors of the Atlas Elektronik Group, stated: “We believe in a strong demand for Atlas products and capabilities to support Royal Canadian Navy. We are happy to extend our presence in Canada and to establish a subsidiary. We look forward to creating new partnerships with Canadian authorities and companies”.
Rick Gerbrecht, Head of Atlas Elektronik Canada said: “The Atlas Elektronik Group possesses a proud heritage in serving navies with quality-assured products delivered within a firm fixed-price environment. Our product portfolio will offer the Royal Canadian Navy both ‘non-orphan’ and mature capability into either warships or crafts of opportunity. We are positioned to deliver proven and leading solutions in areas such as mine detection and disposal, sonar, command and control in support of the Royal Canadian Navy and the National Shipbuilding as well as Procurement Strategy effort.”