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Bharat Dynamics signs licencing agreement with MBDA

18 Aug 2021 Evaluate

Bharat Dynamics (BDL) has signed a licencing agreement with MBDA to establish a facility for the Final Assembly, Integration and Test (FAIT) of Advanced Short Range Aijr-to-Air Missile (ASRAAM) missiles in India.

Under the licensing agreement, MBDA will transfer the equipment and knowledge to BDL for establishing the facility. Work on establishing this capability in India is due to start immediately and is expected to commence operations by the year 2022-23.

Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.

Bharat Dynamics Share Price

1365.60 -28.50 (-2.04%)
30-Apr-2026 16:59 View Price Chart
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