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Pipavav Defence to partner Atlas Elektronik to build indigenous heavyweight Torpedo

New Delhi. Pipavav Defence & Offshoring Engineering Company (PDOC), India’s leading private sector defence company, aims to offer the Indian Navy (IN) a cutting edge Heavyweight Torpedo in partnership with ATLAS ELEKTRONIK, Germany (ATLAS).

ATLAS has worked with the IN for over two decades having supplied the hugely successful SUT torpedo for the Shishumar class submarines. The IN has recently entered into a contract with ATLAS to upgrade the SUT torpedo. ATLAS also offers the SeaHake®mod4 torpedo, amongst the most advanced Heavyweight Torpedoes in the world and capable of a range in excess of 140 km. In line with PDOC’s philosophy of offering open architecture defence solutions, the SeaHake®mod4 is compatible with all current and future Indian Navy submarines including those of the Scorpene and Shishumar classes.

ATLAS owns the entire IPR of the SeaHake®mod4 torpedo and will transfer technology to meet Buy (Indian) and Buy and Make (Indian) criterion. PDOC and ATLAS will create a Joint Venture (JV) company in which ATLAS undertakes Transfer of Technology while PDOC will handle domestic manufacturing and business development. The parties will ensure the suitable financing of the JB through equity or other appropriate investments. PDOC has begun the process of identifying domestic medium and small-scale enterprises to leverage India’s existing base of expertise. The JV partners also envision creating a Center of Excellence for Torpedo Technology with the DRDO and leading Defence PSUs such as BEL and BDL. Thus, this cooperation will go beyond licensed production and promote domestic absorption of advanced technology to pave the way for a truly indigenous Indian torpedo.

Mr. Rajiv Sarman Shukla, CEO of PDOC, said “We are proud to partner with ATLAS ELEKTRONIK, the leading player in torpedo technology, to build an indigenous torpedo for the Indian Navy. This partnership will allow India to build a domestic technology and manufacturing base in underwater weaponry and reduce reliance on imported products.”

Mr. Volker Paltzo, CEO of Atlas, said “Our decision to partner with Pipavav is in-line with our ongoing commitment to the Indian market. Atlas is unique in the range of torpedo technologies that we have to offer to India and we are confident that Pipavav are well suited to build the industrial coalition required for a complex product like the Torpedo. We look forward to an ever increasing engagement with India.”

About Pipavav Defence and Offshore Engineering Company

PDOC is promoted by the SKIL Group, which has pioneered infrastructure projects both in India and abroad since 1990. PDOC has the largest shipyard in India and one of the largest in the world. The Company is executing an order from the IN to build 5 Naval Offshore Patrol Vessels as well as having been declared L1 by the Indian Coast Guard for orders to build fourteen Fast Patrol vessels and Training Ship. In 2013, PDOC delivered 12 new builds and repair projects to Indian and International clients.

About Atlas Elektronik

The ATLAS ELEKTRONIK Group stands for maritime and naval solutions above and below the ocean surface. The company holds a leading position in all fields of maritime high technology, from command & control systems including radio & communication systems for submarines, surface combatants and mine warfare systems and ranging to heavyweight torpedoes, coastal surveillance systems and in-service support. ATLAS has established a worldwide customer portfolio. The electronics specialist is a joint company of ThyssenKrupp and AIRBUS DS and has a workforce of over 1900 highly skilled employees.

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