The Aerospace & Defense Session at SUITE 2012 was titled “Unlocking The Potential” and the objective was to enlighten the delegates on 4 key drivers US Aerospace & Defense Industry represented by Mr. Ravi Nirgudkar, Global Strategy Director - Raytheon Corporation, US Government represented by Mr. Steve Clagett, Director Bureau of Industrial Security (NMTD)- Department of Commerce, US Legal & Regulatory Perspective Mr. Ajay Kuntamukkala, Partner - Hogans Lowell, Washington DC and Indian Aerospace & Defense Industry represented by Mr. Vasanth Kini, Managing Director - Titanium Industries India Pvt. Ltd Bangalore (India), an affiliate of Titanium Industries Inc. New Jersey USA.
Mr. Vasanth Kini, Chairman of IACC - Aerospace & Defence Forum during the Aerospace & Defense Session
The session was chaired by Mr. Kini in his capacity as Chairman of Indo US Aerospace & Defense Forum. Some of the key takeaways from this session included Titanium Industries “on ground” experience as a US company doing business in India in the Aerospace & Defense sector over the last 4 years, BIS statistics that 99% of high technology exports from USA to India do not require licensing a very positive change from 1999 and removal of ISRO,DRDO and BDL from the entities list during January 2011, Raytheon Corporation’s experience on the “ event driven and reactive” nature of Indian Aerospace & Defense Customers and Hogan Lovell’s on CFIUS/inbound foreign investment in Defense in USA.
Mr. David Ranson, Managing Director, Moog India Technology & Mr. Vasanth Kini, Chairman, IACC's Aerospace & Defence Forum at SUITE 2012.