News Releases

Mitsubishi Electric Signed MOU with Bharat Electronics and MEMCO AssociatesExplore partnership opportunities including co-manufacturing of defense equipment and components

FOR IMMEDIATE RELEASE No. 3752

(from left) Joshua Rajkumar, CEO of MEMCO Associates (India); Jagadish Babu, Chairman of MEMCO Associates (India); Masahiko Arai, Corporate Executive, Group Senior Vice President, Defense & Space Systems of Mitsubishi Electric; Niti Pandit, General Manager (Strategic Planning) of Bharat Electronics; T N Singh, General Manager (Components) of Bharat Electronics; H P Srinivas Rao, General Manager (International Marketing) of Bharat Electronics

TOKYO, December 25, 2024 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it signed a memorandum of understanding (MOU) to explore joint business in selected defense and space fields with Bengaluru-based Bharat Electronics Limited, a leading manufacturer of defense electronics and public systems under the Indian Ministry of Defence, and Bengaluru-based MEMCO Associates (India) Private Limited, a marketing and contract representative of Mitsubishi Electric in India.

The MOU envisages identifying opportunities for the manufacture and supply of customized components for defense and space products, such as modules for shipborne and airborne radars, electronic warfare systems, and space situational awareness systems. Under the terms of the MOU, the companies will strive to optimize the collaboration structure and business model for establishing a cooperative relationship.

Mitsubishi Electric is helping to strengthen Japan's national security and defense industry, particularly deterrence capabilities, through the use of technology in accordance with the Japanese government's defense policy.