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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Cyient Ltd    CYIENT   INE136B01020

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Cyient : CERTON Completes FACE™ Verification for Rockwell Collins

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07/19/2017 | 01:23pm CET

Melbourne, FL, July 19, 2017: CERTON, a Cyient company, and an approved Future Airborne Capability Environment (FACE™) Verification Authority, has completed verification activities on the Rockwell Collins' Avoidance Re-router portable component, certified to the FACE Technical Standard. The FACE Technical Standard is the open avionics standard for making military computing operations more robust, interoperable, portable and secure. Rockwell Collins' software component, was independently verified against the FACE Conformance Verification Matrix by CERTON engineers and the certification was then affirmed by the FACE Certification Authority, Vanderbilt University. The certification allows Rockwell Collins to integrate their products into multiple aircraft.

Tim Stockton, CEO, CERTON and Vice President of Global Avionics, Cyient, said, 'As a member of The Open Group FACE Consortium, we are proud of the solutions that our engineering team delivers to FACE customers. Our efforts have helped streamline product integration with other FACE software components, and we look forward to undertaking more verification projects as our experience continues to grow.'

About The Open Group FACE™ Consortium

The Open Group FACE Consortium was formed in June 2010 as a government and industry partnership to define an open avionics environment for use across multiple aircraft types. Today, it is an aviation-focused professional group made up of industry suppliers, customers, and users. It provides a vendor-neutral forum for the industry and the government to work together to develop and consolidate the open standards, best practices, guidance documents, and business models necessary to result in:

  • Standardized approaches for using open standards within avionics systems
  • Lower implementation costs of FACE systems
  • Standards that support a robust architecture and enable quality software development
  • The use of standard interfaces that will lead to reuse of capabilities
  • Portability of applications across multiple FACE systems and vendors
  • Procurement of FACE conformant products
  • More capabilities reaching the Warfighter faster
  • Innovation and competition within the avionics industry
  • About The FACE Technical Standard

    The FACE Technical Standard, is the open avionics standard for making military computing operations more robust, interoperable, portable, and secure. The standard enables developers to create and deploy a wide catalog of applications for use across the entire spectrum of military aviation systems through a common operating environment. The latest edition of the standard further promotes application interoperability and portability with enhanced requirements for exchanging data among FACE components and emphasis on defining common language requirements for the standard.

    About CERTON

    Over the last decade, CERTON has established an identity of unparalleled safety critical certification solutions in the aerospace, medical device and transportation industries. CERTON has internally developed tools and exclusive technology designed to streamline approvals of safety-critical systems, software, and complex hardware. These competitive advantages allow CERTON to minimize the time-to-market of customer products while providing a Firm Fixed Cost to its customers. CERTON provides expertise in all phases of systems, software, and complex hardware product design life cycles to support rapid approval of safety-critical customer products. In January 2017, CERTON was acquired by Cyient.

    About Cyient

    Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems. As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

    Relationships form the core of how Cyient works. With nearly 14,000 employees in 21 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization's culture and requirements. Cyient's industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

    Follow news about the company at @Cyient

Cyient Limited published this content on 19 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 July 2017 11:23:06 UTC.

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Financials ( INR)
Sales 2018 39 130 M
EBIT 2018 4 561 M
Net income 2018 4 097 M
Finance 2018 9 351 M
Yield 2018 2,07%
P/E ratio 2018 17,75
P/E ratio 2019 15,74
EV / Sales 2018 1,63x
EV / Sales 2019 1,40x
Capitalization 73 318 M
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Venkata Ram Mohan R Bodanapu Executive Chairman
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