NAVANTIA and INDRA will modernize a corvette for the Indonesian Navy for 18 M$
18 October 2016 |
- Both companies combine their most advanced naval solutions for upgrading the vessel’s combat system.
- The indonesian shipyard PT PAL trusts this project to the consortium made up by INDRA and NAVANTIA, thus opening up the door to new business opportunities.
The consortium made up by INDRA and NAVANTIA has won the update of the Combat System of the corvette KRI-362 Malahayati of the Indonesian Navy in a contract concluded with the shipyard PT PAL for 18 M$ (circa 15.7 M€).
Both companies will work for supplying to the Indonesian Navy the most advanced Spanish marine electronic technology.
The project takes place within the framework of the Medium Life Modernization (MLM) program for this corvette of the Falahillah class, which was awarded to the Indonesian military shipyard PT PAL.
The update of the Combat System includes the renewal of the sensors and of the fire control, integrating them through a modern combat management system.
Some of the most advanced systems from both of these companies for the naval industry, such as INDRA’s ESM RIGEL system for electronic defense or NAVANTIA’s DORNA fire control or the CATIZ combat management system achieve, thanks to this new contract, a new reference, thus strengthening their positions on the international market.
The collaboration with Indonesia’s reference military shipyard PT PAL in this program also opens up new future opportunities.
INDRA and NAVANTIA have set up in this project a business model in which both companies join up their strengths in the areas into which they are more specialized.
Furthermore, both companies jointly work in several programs for the future F110 frigate for the Spanish Navy, as well as in other opportunities for the export market.
About INDRA
INDRA constitutes one of the main global consulting and technology companies, and the technological partner for the key operations in the businesses of its customers all over the world. It develops a comprehensive offer made up by its own solutions and advanced services and with a high-added value in technology, to which it adds a unique corporate culture of trustworthiness, flexibility, and adaptation to its customers’ requirements. INDRA is a world leader in the development of integrated technological solutions in such industries as Defense and Security; Transport and Traffic; Energy and Manufacturing; Telecommunications and the Media; Financial services; and Public Administrations and Health. And through its Minsait unit it provides answers to the challenges raised by the digital transformation. In the financial year 2015 it recorded a 2,850 M€ turnover, 37,000 employees, its geographical scope reached 46 countries, and had ongoing projects in more than 140 countries.
About NAVANTIA
NAVANTIA is a world reference in the design, construction and integration of warships with a high-technological content, as well as ship repairs and upgrades. Besides, its activity lines include the design and manufacturing of combat and command and control systems, integrated platform management systems, firing control systems, propulsion engines and the Life Cycle Support for all its products. Although its main activity is in the naval field, NAVANTIA also designs and manufactures systems for the Army and the Air Force.
NAVANTIA belongs to Grupo SEPI, a corporate holding which includes a total of 16 state-owned companies in which it has direct, majority shareholding participations, with a workforce of around 73,000 professionals in 2014; the Spanish state-owned television and radio corporation, Corporación Radiotelevisión Española, which is attached to SEPI, and one public foundation. Equally, SEPI has direct minority shareholdings in a further ten companies, and indirect shareholdings in more than one hundred companies.