Kitco bags 2 consultancy contracts from BEL, HAL.

Technical consultancy Kitco Ltd has bagged two projects from public sector Bharat Electronics Ltd and Hindustan Aeronautics Ltd.

The first project is for setting up a Defence Systems Integration Complex on 919 acres in Palasamudram in Ananthapuram district of Andhra Pradesh.

BEL contract

The first phase of the project costing Rs. 195 crore involves setting up of weapons system integration, beacon facilities and hard stands.

The scope of the consultancy involves design, tendering and execution of factory complex, development of strategic business units with modern manufacturing facility for missile electronics integration.

The HAL project is for developing aircraft engines at its Aero Engine Research and Development Centre (AERDC) in Bengaluru at a cost of Rs. 140 crore. Kitco bagged the consultancy for setting up the AERDC on eight acres.

Competency

Cyriac Davies, Managing Director, said Kitco was able to bag the high profile BEL and HAL projects because of its proven ability to handle multi-disciplinary projects across sectors such as aviation, mobility hubs, ports and logistics, shipyard etc.

The company has provided innovative solutions across industries with its rich talent pool of technical and financial consultants, engineers and architects.

In FY18, it has successfully completed many major assignments across the country and garnered Rs. 60-crore turnover, registering a 20 per cent growth.

HBL