Ashok Leyland Defence and KMW to develop advanced defence systems

[Hembo]

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Ashok Leyland Defence and KMW to develop advanced defence systems

23 February 2011

Ashok Leyland Defence Systems Ltd. and Krauss-Maffei Wegmann GmbH & Co. KG, Munich, Germany, yesterday signed a memorandum of understanding to jointly devfelop advanced defence systems for the Indian and global defence establishments.

KMW leads the European market for armoured wheeled and tracked vehicles.

Under the pact, the two companies will initially develop armoured wheeled vehicles, recovery vehicles, artillery and combat systems, bridge laying systems and other similar products.

"This strategic partnership seeks to harness the formidable skills of both companies, namely, the technological bandwidth of KMW and our approach to innovations aimed at cost advantage," says Dr V. Sumantran, chairman, Ashok Leyland Defence Systems. "For ALDS, this brings a new range of product opportunities with which we hope to fulfill India's growing defence needs and over time to address select overseas markets."

Ashok Leyland Defence Systems (ALDS), a newly formed company in which the Hinduja flagship, Ashok Leyland, has 26-per cent equity, will design and develo defence vehicles.

Ashok Leyland says it is the largest supplier of logistics vehicles to the Indian Army with over 60,000 of its Stallion vehicles forming the Army's logistics backbone.

[Hashu]

Ashok Leyland Defence and KMW to develop advanced defence systems

23 February 2011

Ashok Leyland Defence Systems Ltd. and Krauss-Maffei Wegmann GmbH & Co. KG, Munich, Germany, yesterday signed a memorandum of understanding to jointly devfelop advanced defence systems for the Indian and global defence establishments.

KMW leads the European market for armoured wheeled and tracked vehicles.

Under the pact, the two companies will initially develop armoured wheeled vehicles, recovery vehicles, artillery and combat systems, bridge laying systems and other similar products."This strategic partnership seeks to harness the formidable skills of both companies, namely, the technological bandwidth of KMW and our approach to innovations aimed at cost advantage," says Dr V. Sumantran, chairman, Ashok Leyland Defence Systems. "For ALDS, this brings a new range of product opportunities with which we hope to fulfill India's growing defence needs and over time to address select overseas markets."

Ashok Leyland Defence Systems (ALDS), a newly formed company in which the Hinduja flagship, Ashok Leyland, has 26-per cent equity, will design and develo defence vehicles.

Ashok Leyland says it is the largest supplier of logistics vehicles to the Indian Army with over 60,000 of its Stallion vehicles forming the Army's logistics backbone.

that's what we need!

[d14gtc]

its perhaps a very few of the Defence collaborations beween the two countries.............. but well appreciated.

[CONNAN]

Chennai-based Ashok Leyland Defence Systems Ltd (ALDS) has entered into a tie-up with Krauss-Maffei Wegmann (KMW) GmbH and Co. KG, Germany, to cooperate in developing advanced defence systems for Indian defence establishment as well as other defence forces worldwide.

A memorandum of understanding (MoU) has been signed between the companies during the International Defence Exhibition in Abu Dhabi, which includes development of artillery systems, combat systems, armoured wheeled vehicles, recovery vehicles, bridge-laying systems and other similar products.

ALDS is a newly formed arm of Ashok Leyland, the flagship company of Hinduja group, in which it owns 26 per cent of equity share.

V Sumantran, chairman, ALDS, said, "This strategic partnership seeks to harness the formidable skills of both companies, namely, the technological bandwidth of KMW and our approach to innovations aimed at cost advantage. For ALDS, this brings a new range of product opportunities with which we hope to fulfil India's growing defence needs, and over time to address select overseas markets."

The German firm would provide technology on which a certain amount of customisation would be done and manufactured by ALDS in its existing facility. The details on developing the vehicles and manufacturing are yet be finalised, according to a company source.

"This partnership with ALDS is a further step in KMW's strategy to internationalise its business. Along with ALDS, we are now able to jointly develop future Indian Defence solutions based on our proven and worldwide leading technologies," said Frank Haun, CEO and President, KMW, in a statement.

Ashok Leyland defence arm in tie up with German firm

[One]

Here are few products of KMW.