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Bharat Dynamics enters into MoUs with several foreign, Indian companies

16 Feb 2023 Evaluate

Bharat Dynamics (BDL) has entered into Memorandum of understanding (MoUs) with several foreign and Indian companies. The company has entered into MoU with Thales for setting up manufacturing facilities for Laser Guided Rocket and its major components in India. In addition to the above, an MoU was signed by company with EDGE Group entity, AL TARIQ, UAE to jointly produce the all-weather, day / night, long-range precision-guided munition (LR-PGM) kits in India.

The company has also signed MoU with Bultexpro, Bulgaria for setting up the manufacturing facilities for 122mm GRAD BM ER and NON ER rockets in India under ‘Make in India’ with Transfer of Technology. Bharat Dynamics and Indian Institute of Technology Madras (IITM), Chennai has entered into MoU to work together on Design and development of Propellant grains for various missiles and futuristic weapon systems. Moreover, BDL entered into MoU with Tamil Nadu Industrial Development Corporation (TIDCO), Chennai under which TIDCO and BDL will work on new programs with the centre of excellence of TIDCO.

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

1447.80 -18.20 (-1.24%)
08-May-2026 16:59 View Price Chart
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