Bharat Forge has entered into a strategic cooperation agreement with Elbit Systems Land and C4I to establish a new joint venture company (JVC) to address advanced artillery and mortars systems requirements for the Indian Ministry of Defence (MoD).
Subject to necessary government and regulatory approvals, the JVC is also expected to meet similar requirements of other potential government customers.
The agreement was signed at the recent Aero India 2013 exhibition, which was held in Bengaluru, India.
Bharat Forge chairman and managing director Baba Kalyani said the strategic cooperation between the two companies, and specifically the JVC, has been designed to meet Indian defence requirements with operationally proven systems from Elbit.
Modified and adapted for Indian conditions, the systems have been manufactured at the company's recently established manufacturing facility for end-to-end solutions for artillery systems and armoured vehicles upgrades in India, Kalyani added.
Elbit Systems executive vice president-president and CEO designee and Elbit Systems Land and C4I Division former general manager Bezhalel Machlis said the JVC would combine Bharat Forge's systems integration and manufacturing expertise with Elbit's proven technology.
"We believe that offering innovative solutions, based on our combined vast operational experience and technological capabilities, will position the JVC as a leading supplier to the Indian Ministry of Defence and other potential Indian Government customers," Machlis said.
The JVC's artillery guns and mortars segment solutions will be developed from Elbit's technologically advanced global products, including the Athos 155/52 towed gun system, Atmos 155/52 mounted gun system, and the upgraded 130mm M46 gun to a 155/45 weapon (KARAN).
A wide range of futuristic products such as the advanced Indian gun system will also be rolled out by the JVC, which will bring Elbit's advanced technology and system integration capabilities together with Bharat Forge's expertise in design, engineering, manufacturing, testing and validation domains.
Image: An M-46 130mm towed gun stationed at Batey ha-Osef Museum in Tel Aviv, Israel. Photo: courtesy of Bukvoed.