India: Satyam, Saab in $300 mn outsourcing contract.

Byline: kusumv03

In a bid to expand the customer base, Mahindra Satyam, earlier known as Satyam Computer Services Ltd., on Tuesday said it is planning to tie up with Saab, a military defence and civil security solutions provider, to develop its India operations. Saab s outsourcing contract to Satyam is estimated to be between $300-$400 million and is one of the largest customer wins in the recent past.

This collaboration is a strategic step towards synergizing Satyam s unique strengths in mission critical systems, ERP, engineering services, avionics and integration and Mahindra s Systech s manufacturing capabilities and engineering excellence, said Anand Mahindra, Vice CMD, Mahindra Group.

The contract would also cover areas such as homeland security where focus is planned for end-to-end security solutions. We view this relationshipa with Mahindra Satyam as a strategic meeting of two highly skilled teams believing in techincal and engineering excellence, said Ake Svensson, President & CEO, Saab.

According to the initiative, Satyam and Saab will jointly address the Battlefield Management System (BMS) -- which is field proven and deployed across many countries -- for the Indian Army.

Copyright : Euclid Infotech Pvt. Ltd.

Provided by Syndigate.info an Albawaba.com company