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Bharat Forge executes JVA with Rafael Advanced Defense Systems

10 Feb 2016 Evaluate

Bharat Forge through its subsidiary company ‘Kalyani Strategic Systems’ has executed a Joint Venture Agreement (JVA) with Rafael Advanced Defense Systems to address programs in relation to BMP II Upgrade, Tactical Control Systems, other Advanced Systems and other such programs floated or to be floated by the Ministry of Defence, India under the Joint Venture Company (JVC) ‘Kalyani Rafael Advanced Systems’.

Bharat Forge (BFL) is the flagship company of the $3.0 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Oil & Gas, Power, Construction & Mining, Aerospace and Rail & Marine.


Peers
Company Name CMP
Bharat Forge 1903.05
Ramkrishna Forgings 694.55
MM Forgings 612.50
Happy Forgings 2093.00
Balu Forge Inds. 505.85
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