Corporate News     24-Aug-15
Astra Microwave Products to form joint venture with Rafael Advanced Defence Systems Israeli
In Hyderabad
Astra Microwave Products announced that the Company have signed a Term Sheet for formation of Joint Venture Company (JVC) with Rafael Advanced Defence Systems Israeli for joint production and supply of Tactical Radio Communication systems, Electronic war-fare systems and Signal intelligence systems.

The JVC will operate from Hyderabad and is expected to start business development activities in the first half of 2016. About USD 20 million is expected to be invested in the first two years in the JVC. To start with ASTRA and Rafael will own 51:49 in the JVC and will become 50:50 subject to regulatory approvals.

Previous News
  Astra Microwave Products reports consolidated net profit of Rs 12.17 crore in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   18:21 )
  Astra Microwave Products consolidated net profit declines 59.67% in the March 2022 quarter
 ( Results - Announcements 25-May-22   17:34 )
  Astra Microwave Products to convene board meeting
 ( Corporate News - 31-Jan-20   10:37 )
  Piramal Enterprises Ltd leads losers in 'A' group
 ( Hot Pursuit - 30-Aug-22   15:00 )
  Astra Microwave Products to convene board meeting
 ( Corporate News - 18-May-24   12:23 )
  Astra Microwave Products standalone net profit declines 23.50% in the March 2018 quarter
 ( Results - Announcements 28-May-18   17:28 )
  Astra Microwave Products standalone net profit rises 91.15% in the June 2018 quarter
 ( Results - Announcements 31-Jul-18   16:47 )
  Astra Microwave Products reports consolidated net loss of Rs 8.85 crore in the June 2019 quarter
 ( Results - Announcements 16-Aug-19   11:10 )
  Astra Microwave Products schedules board meeting
 ( Corporate News - 31-Oct-19   11:53 )
  Astra Microwave Products to hold board meeting
 ( Corporate News - 17-Oct-16   16:24 )
  Astra Microwave Products to hold board meeting
 ( Corporate News - 18-Apr-16   17:32 )
Other Stories
  RACL Geartech receives ratings action from CARE
  05-Oct-24   14:24
  JHS Svendgaard Retail Ventures EGM scheduled
  05-Oct-24   13:50
  Lexus Granito (India) EGM scheduled
  05-Oct-24   13:50
  Latteys Industries EGM scheduled
  05-Oct-24   13:50
  Embassy Office Parks REIT to convene board meeting
  05-Oct-24   13:50
  Board of Fusion Micro Finance appoints director
  05-Oct-24   13:17
  Board of Fusion Micro Finance approves rights issue of Rs 550 cr
  05-Oct-24   13:15
  Bharti Airtel deploys additional spectrum in Jammu-Kashmir & Leh Ladakh
  05-Oct-24   12:53
  Dr Reddys announces incorporation of new step-down subsidiary in Denmark
  05-Oct-24   11:37
  360 ONE WAM grants 21.47 lakh stock options
  05-Oct-24   11:32
Back Top