New Delhi, June 30 -- Reliance Infrastructure Limited promoted Reliance Defence today announced a strategic agreement with Coastal Mechanics Inc. (CMI), a leading US Department of Defense authorised contractor, to jointly address India's Rs 20,000 crore defence Maintenance, Repair, Overhaul (MRO) and upgrade market opportunity.
Reliance Defence and Coastal Mechanics will focus on providing end-to-end MRO, upgrade, and life cycle 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, fleet of Apache attack helicopters, L-70 air defence guns, and other legacy systems that require long-term sustainment and modernisation, a statement said...