Samtel Avionics
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Samtel Avionics
Samtel Avionics is an Indian company headquartered in Delhi. It manufactures equipment and systems for avionics, military, industrial, and professional applications. Samtel Avionics is a subsidiary of the Samtel Group. History In 2006, Samtel Group, Samtel entered a joint venture with Hindustan Aeronautics Limited, the first public-private partnership in the sector. In 2008, the multi-functional displays developed by Samtel and the Defence Avionics Research Establishment (DARE) wing of the Indian Defence Research and Development Organization (DRDO) were approved for air worthiness and real-time flight trials, on board the Sukhoi Su-30, SU-30 aircraft of the Indian Air Force. In 2009, the organization entered a joint venture agreement with Thales Air Defence, a France-based defence equipment manufacturer. The wholly owned subsidiaries of Thales Group, Thales Avionics and Thales International India, have invested 26% of the stakes in the joint venture. In 2009, Samtel Avionics ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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