BAE Systems has appointed Deepak Parekh, Chairman of HDFC Ltd, as a non-executive Director and Chairman of its Indian subsidiary, BAE India.
Parekh's association with BAE Systems began in 2010 when he was appointed as a member of the Company's Independent Advisory Board for India.
In his new, part-time role as Chairman, Parekh will provide leadership to the BAE Systems India Board and help the company realize its aspiration to develop capabilities and infrastructure in the country in support of Prime Minister Modi's 'Make In India' initiative.
Deepak Parekh said: "As a member of BAE Systems' India Board, I look forward to working with the Company and helping to contribute positively to the future development of world class defense and security capability in India. As India accelerates its pace towards the goal of self-reliance in aerospace and defense, it is an exciting time to help guide the Company in support of that objective."
Ian King, Chief Executive - BAE Systems Plc, said: "Deepak is one of India's most respected business leaders. We are delighted to have the benefit of his experience and perspective as we continue to partner with India in order to make in India."
BAE Systems is launching a new Corporate Security Analysis service to assist companies with social risk monitoring and regional security analysis. The analysis-on-demand service optimizes open source and social media feeds to detect malicious or inadvertent leaks of sensitive information and intellectual property, potential insider threats, social engineering attempts, smear campaigns, and other issues of concern
BAE Systems has won a contract worth $1.2 billion from the US Army for the Engineering, Manufacturing, and Development (EMD) and Low-Rate Initial Production (LRIP) of the Armored Multi-Purpose Vehicle (AMPV)
The UK Ministry of Defence has awarded BAE Systems a 12 month £1.5 million contract to design the engineering support solution for the Queen Elizabeth Class Aircraft Carriers
The UK MOD has awarded a £270 million contract to BAE Systems to upgrade the Royal Navys Spearfish heavyweight torpedoes. Earlier this year, BAE Systems was also awarded a £600 million contract to run Portsmouth Naval Base and a £70 million Type 45 destroyer support contract that combined sustains more than 2,000 jobs in the Portsmouth region, including skilled engineering roles
BAE Systems has completed the acquisition of Perimeter Internetworking Corp., which trades as SilverSky, a commercial cyber service provider
BAE Systems has won a nine-year contract worth $187.4 million from the US Navy to support radio and communications systems design and integration for 13 surface combatant ships
The US has approved sale of six BAE Systems M88A2 Hercules heavy recovery vehicles to Australia for $47 million on Wednesday. The vehicles are expected to enhance Australia's capability to conduct heavy-ground operations and support the country's deterrent capabilities against regional threats
BAE Systems has announced Monday that it has won a $146.7million engineering and technical support for communication and combat systems contract from the US Navys Naval Air Systems Command (NAVAIR)
BAE Systems has won a five-year contract worth $120 million from the US Navy to provide critical system engineering, integration, and testing expertise for the Aegis Combat System on board surface ships. “Our Aegis system engineering experts have been working side by side with sailors for more than 40 years to modernize and strengthen the U
BAE Systems has launched its 12-micron thermal imaging technology that improves the effectiveness of thermal weapon sights. The companys Universal Thermal Clip-On version XII (UTC® XII) is the first military-grade thermal weapon sight to include the new 12-micron technology, which reduces lens size, total system weight, and battery use, while delivering improved image quality
The Indian Army has decided to junk the Future Infantry Soldier As a System (F-INSAS) program in favor of two separate projects. The new program will have two components: one arming the modern infantry soldier with the best available assault rifle, carbines and personal equipment such as the helmet and bulletproof vests and the second component is the Battlefield Management Systems (BMS)
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