The USD 2.5 billion diversified business conglomerate Kalyani Group and BAE Systems, engaged in developing defence, aerospace and security solutions, today formed an alliance to "develop air defence guns" for the security forces.
For developing the air defence guns, Kalyani Group formed a "strategic partnership" with BAE Systems at the on-going 'DefExpo', organised by Ministry of Defence, at Thiruvidanthai, about 40kms from here.
"We are now expanding our profile in the defence segment to include air defence Guns and ammunition, in order to provide solutions to security forces for terminal air defence," Bharat Forge Ltd, President and CEO (Defence and Aerospace), Rajinder Singh Bhatia said.
Bharat Forge Ltd is the flagship company of Kalyani Group.
Kalyani Group and BAE Systems as per the partnership have agreed to partner for "transfer of technology" for developing the Air Defence Guns and Ammunition.
"BAE Systems' advanced technology will be complemented with Bharat Forge Ltd's world-class design, development and manufacturing capabilities", he added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app