SUBSIDIARY NAME
Titan Defence Systems Ltd
COUNTRY
INDIA
SECTOR/ INDUSTRY
Aerospace, Defence & Space
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
November 22, 2022
ACQUISITION VALUATION
9 BILLION
TOTAL ASSET VALUATION
90 BILLION
TRANSPORT-AVIATION
Titan Defence Systems Ltd: Convinced of the importance of investment with knock-on effect on the economy of the country and creation of employment. • Considering that the IIB-DG is a company located in Washington DC, United States of America, which has significant development resources (technical, physical, financial, management capacity) and wishes to participate in the design, financing, construction and execution of the project • Considering that the owner wishes the projects to be carried out and financed by IIB Development Group, LLC • Considering that the owner and IIB Development
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