Article Posted on : - Mar 08, 2015

NEW DELHI (PTI): European Defence major Airbus Friday announced an agreement with Kolkata-based Kadet Defence Systems (KDS) covering the sale and marketing of services and products in the field of aerial target.

The companies had teamed initially to offer Airbus Defence and Space's Manoeuvrable Expendable Aerial Target (MEAT) to the Indian Air Force and Army and the exclusive new agreement will extend that to offer further products inside India and for export.

KDS' range of lower speed aircraft will complement Airbus Defence and Space's higher speed family permitting a range of products to be developed and manufactured in Europe and India, a statement by the Airbus Defence and Space said.

The teaming lays a roadmap for technology transfer, joint product development, local manufacturing, and provision of joint services in the Asia Pacific region, it said.