Indian IT firm HCL wins US$50 mln UK-based defence co
MUMBAI, Jan 29, 2010 (Asia In Focus via COMTEX) --
Company: HCL Technologies Ltd.
(HCLTF)
Indian software company HCL
TECHNOLOGIES (BSE:532281) on Thursday said it has received a
contract worth around Rs 231 crore (US$49.83 million) from
UK-based defence equipment maker MEGGITT for providing
engineering services. Meggitt signed a US$50 million global
engineering transformation services agreement with the
company's engineering and R&D services (HCL ERS) division, HCL
Technologies said in a filing to the Bombay Stock Exchange.
* "HCL integrates the right capabilities and business models
to ensure organisations such as Meggitt establish a competitive
advantage," HCL ERS Senior VP and Global Head of Sales &
Practice Sandeep Kishore said.
* HCL was selected based on its understanding of Meggitt's
business challenges and proven track record of partnering with
large aerospace and manufacturing companies on highly complex
engineering development programmes.
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News Provided by COMTEX
Company: HCL Technologies Ltd.
(HCLTF)
Related terms: aerospace, business, contract, engineering, manufacturing, sales, track
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