The contract was concluded under the Defence Procurement Procedure’s (DPP) Buy & Make category. The company will execute the deal as the prime contractor with foreign Original Equipment Manufacturer (OEM) partner Indra Sistemas, Spain.
The Indian Navy further improved its underwater surveillance capabilities in low-intensity maritime operations by signing a deal with the defence ministry in 2017 for supplying Portable Diver Detection Sonar (PDDS).
Deal part of Make in India initiative
“This Contract is a part of ‘Make in India’ initiative and the second contract under the Ministry of Defence (MoD) procurement category ‘Buy and Make (India)’ signed by MoD. Tata Power SED partnered with DSIT Solutions Limited, Israel for the delivery of PDDS Systems under a Technology Transfer arrangement for DSIT’s Pointshield PDDS. For Diver Detection Sonar’s this is one of the largest order in the world market,” Tata SED said in a statement.
Tata Advanced Systems Ltd (TASL) has joined in a share purchase deal with Tata Power to purchase Tata Power SED, depending on regulatory and other approvals.