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Reliance Defence partners US firm to tap MRO market
Financial Express Chennai
|July 01, 2025
RELIANCE DEFENCE, PROMOTED by Reliance Infrastructure, has entered into a strategic agreement with Coastal Mechanics (CMI) of the US to jointly address India's ₹20,000-crore defence maintenance, repair, overhaul (MRO) and upgrade market opportunity.
The two companies will focus on providing end-to-end maintenance, repair, overhaul, upgrade, and lifecycle support solutions for the Indian armed forces, targeting a wide range of critical platforms such as 100+ Jaguar fighter aircraft, 100+ MiG-29 fighter aircraft, the fleet of Apache attack helicopters, L-70 air defence guns, and other legacy systems that require long-term sustainment and modernisation.
The segment, a statement issued by the companies said, represents a high-value, long-duration opportunity driven by the Indian military's strategic shift from asset replacement to lifecycle extension and performance-based logistics.
Diese Geschichte stammt aus der July 01, 2025-Ausgabe von Financial Express Chennai.
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