KOLKATA: The Javelin Joint Venture team, a partnership between Raytheon Company and Lockheed Martin , signed a letter of intent with Tata Power Company operating through its strategic engineering division, to explore co-development and production of the Javelin anti-armour missile system.Javelin is a compact, lightweight missile designed for one-soldier operations in all environments. It is made by the Javelin joint venture, a partnership between Raytheon Company and Lockheed Martin. Javelin has been adopted by international armed forces around the world. It is currently fielded with the U.S. Army and U.S. Marine Corps, and has also been approved for 15 foreign military sales customers.Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 98,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. Raytheon provides state-of-the-art electronics, mission systems integration, products and services, sensing, effects, and mission support for customers in more than 80 countries.“This agreement brings together three world leaders in aerospace and defense technology to extend Javelin to new customers, new applications and new platforms. “With this deal, we are also reinforcing our continued support of the ‘Make in India’ initiative,” John Halvey, Javelin Joint Venture president at Raytheon Missile Systems said.As part of the letter of intetnt, the Javelin Joint Venture and Tata Power SED will create a strategy to co-develop and produce the Javelin missile system and integrate platform mounts to meet Indian requirements. This includes ground combat vehicle, dismounted infantry and rotorcraft applications.Rich Benton, Javelin Joint Venture vice president and Javelin program director at Lockheed Martin Missiles and Fire Control said: “The combat-proven Javelin continues to fulfil a critical precision-strike role with our domestic and international partners. We look forward to working with Tata Power SED to maximize the versatility and lethality of Javelin on these new platforms.”In addition to meeting the government of India’s “Make in India” objectives, the letter of intetnt establishes a framework for future technological cooperation between the Javelin Joint Venture and Tata Power SED.“Since the early 1980s,Tata Power SED has established its R&D and ‘Make in India’ credentials, as part of Dr. Kalam’s Integrated Guided Missile Development Program,” said Rahul Chaudhry, Chief Executive Officer at Tata Power SED.“Now, our partnership with the JJV will bring the world’s best technology to our soldiers enabling battlefield supremacy. Indian industry will benefit immensely from the depth and range of this planned technology transfer and co-development,” he said.