Ger­many’s Jenop­tik signs agree­ment with Raytheon

SP's MAI - - CORPORATE NEWS -

Raytheon and Ger­many’s Lech­mo­toren, a company of the Jenop­tik Group, signed a let­ter of in­tent to co­op­er­ate in mu­tu­ally ben­e­fi­cial business op­por­tu­ni­ties re­lated to Ger­many’s air de­fence ar­chi­tec­ture, as well as sig­nif­i­cant ex­ports to global mar­kets. The com­pa­nies will ex­am­ine op­por­tu­ni­ties in cur­rent in­ter­na­tional projects with Jenop­tik state-of-the-art equip­ment. Jenop­tik pre­sented a pro­to­type of their next-gen­er­a­tion tech­nolo­gies such as the new Jenop­tik Pa­triot hy­brid power sup­ply to Raytheon and Bavar­ian mem­bers of par­lia­ment, which ini­ti­ated dis­cus­sions about the sig­nif­i­cant fuel and main­te­nance cost re­duc­tions it would re­sult in.

“We are very proud that this long-term part­ner­ship with Raytheon as­sures the on­go­ing suc­cess in serv­ing in­ter­na­tional mar­kets out of our Bavar­ian site,” said Ste­fan Sten­zel, Ex­ec­u­tive Vice Pres­i­dent and Head of Jenop­tik De­fense & Civil Sys­tems di­vi­sion.

“Jenop­tik is a rep­utable company and we look for­ward to es­tab­lish­ing a long-term re­la­tion­ship with them on fu­ture op­por­tu­ni­ties re­lated to the TVLS pro­gramme, Global Pa­triot and beyond,” said Doug Pa­trick, Di­rec­tor of In­te­grated Air and Mis­sile De­fense Sup­ply Chain, Raytheon In­te­grated De­fense Sys­tems.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.