Synopsis
Through the agreement, BDL will become a part of the STARStreak missile system s global supply chain, providing the opportunity for export of Indian manufactured components to this system s existing and future customers, including the UK Armed Forces, Thales said in a statement.
Agencies
NEW DELHI: Leading defence company Thales on Thursday said it and state-run
Bharat Dynamics Limited (BDL) have signed an agreement to work in partnership on an air defence system with the support of the Indian and British governments.
Through the agreement, BDL will become a part of the STARStreak missile system s global supply chain, providing the opportunity for export of Indian manufactured components to this system s existing and future customers, including the UK Armed Forces, Thales said in a statement.
Defence PSU Bharat Dynamics Ltd and Thales have signed a Teaming Agreement to work in partnership on the STARStreak Air Defence system, with the support of the Governments of India and the UK. N P Diw
BDL, Thales ink pact to manufacture air defence system in India daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Bharat Dynamics rose 1.53% to Rs 344.30 after the company said that it is geared up to take up export orders for Akash Missile.
With the announcement from the Union Cabinet regarding clearance of Akash Weapon System for export, Bharat Dynamics (BDL), the manufacturer of Akash Missile, is geared up to take up export order.
Given the export potential and demand of Akash in the international market, BDL has been promoting the product at various forums including national and international exhibitions The missile being offered for exports will be of a different version. BDL is already supplying Torpedoes to a foreign country, it added.
Bharat Dynamics all set for exporting Akash missiles
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‘Company is confident of meeting the export demand’
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‘Company is confident of meeting the export demand’
Bharat Dynamics Limited (BDL), manufacturer of Akash Missile, is all geared to take up export order with the Union Cabinet clearing the proposal.
The Akash weapon system, designed and developed by DRDO with 96% indigenous content, is being manufactured by BDL at its Hyderabad unit with a large number of supply chain partners, which include public sector units, small and medium scale enterprises and the private industry.
The Akash missile has the capability to engage aerial threats up to the maximum range of 25 km and up to an altitude of 18 km operating at a speed range of 1.8 to 2.5 Mach. The missile has been successfully test fired on several occasions and meets the global standard of missiles of its category.