MoneyWorks4Me

Bharat Forge’s arm to enter into agreement with AM General and Mandus Group LLC

03 Oct 2024 Evaluate

Bharat Forge’s 100% subsidiary--Kalyani Strategic Systems is planning to enter into a multi-party agreement with leading United States defense companies, AM General and Mandus Group LLC, to explore the co-development and co-production of next-generation artillery gun platforms.

As the battlefield changes with near peer adversaries, there is increasing demand for modern light artillery systems with enhanced firepower, precision strike, tactical mobility, and command & control capabilities. This collaboration is targeted to address the requirement of modern armies of the world in an evolving combat scenario equipping them with compact, robust, light weight, ruggedized, mobile, all weather, all terrain 105mm and 155mm next generation artillery gun platforms. 

These next-gen artillery platforms will feature disruptive technology, responsive and survivable fires, transportability, added lethality, and will optimize crew size due to less logistics requirements. The 105-mm and 155-mm howitzer to be offered will deliver firepower and mobility while remaining lightweight and modular.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.


Peers
Company Name CMP
Bharat Forge 1902.00
Ramkrishna Forgings 693.70
MM Forgings 619.65
Happy Forgings 2136.00
Balu Forge Inds. 508.20
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