October 01, 2012: Aimed at the Indian security market, US defence major Raytheon has entered into a distribution agreement with the Washington-based Monument Capital Group (MCG), as part of which the latter will engage potential Indian partners to provide "mass notification and non-lethal systems to solve challenging security problems and emerging safety requirements", Raytheon has announced. Applications of these products include high-value asset and critical infrastructure security, protection against terrorism and piracy, explosives detection, and innovative emergency response solutions for natural disaster management. Security solutions in the Indian context will be aimed at enhancing border, port, maritime and aviation security.
“Our agreement with MCG will help to expand Raytheon’s global reach in homeland security, national defense and commercial security markets,” said Mike Booen, Raytheon Missile Systems’ Vice President of Advanced Security and Directed Energy Systems. “The agreement also enables our customers to set up local operations for full services, installation and maintenance of cutting-edge security technology products, ensuring that customers receive full and long-term value from their technology purchases.”