Bharat Forge Ltd And Elbit Systems Ltd's Subsidiary Announce Establishment Of JVC For Artillery Systems In India

Bharat Forge Ltd and Elbit Systems Land and C4I Ltd., a wholly-owned subsidiary of Elbit Systems Ltd announced a strategic co-operation in India through the establishment of a new Joint Venture Company (JVC), to address the Indian Ministry of Defence and other potential Indian government customers' requirements for the most advanced artillery and mortars systems solutions. Subject to requisite government & regulatory approvals, the JVC will offer solutions in the Artillery Guns & Mortars segment based on Elbit Systems' cutting edge technologically advanced products operationally used worldwide, such as the ATHOS 155/52 Towed Gun System, the ATMOS 155/52 Mounted Gun System and the upgraded 130 mm M46 Gun to a 155/45 Gun (KARAN). The JVC will also role out a range of futuristic products like the Advanced Indian Gun System. The JVC will bring together Elbit Systems' cutting-edge technology and system integration capabilities and Bharat Forge's advanced capabilities in the areas of design, engineering, manufacturing, testing and validation.