Industry sources said US firm Raytheon has already begun re-evaluating its presence in India and its expansion plans may not go through. It would, however, continue to have a liaison office in New Delhi to pursue business. Raytheon has over the years pushed for sale of its Patriot missile defence system, Javelin anti-tank guided missile and Stinger man-portable air defence missile system, but has had no success.
http://www.newindianexpress.com/thesundaystandard/Put-Off-by-Funds-Crunch-Defence-Firms-Take-Flight-Out/2014/02/09/article2045969.ece
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.