Bharat Forge Inks Largest Domestic Contract of 184 Indigenously Developed Artillery Systems with Ministry of Defense
Bharat Forge Limited has successfully concluded contract negotiations with the Ministry of Defence, Government of India, for the 155mm/52-calibre Advanced Towed Artillery Gun System (ATAGS) project. This is the largest domestic contract of 184 indigenously developed Artillery Systems, accounting for 60% of the 6900 Cr. procurement by the MOD. The ATAGS is the most advanced 155/52 mm calibre artillery system, jointly developed with DRDO. This contract was signed in the presence of Defence Secretary, Shri Rajesh Kumar Singh, Mr. Baba Kalyani, Chairman and Managing Director, Mr. Amit Kalyani, Vice- Chairman and Joint Managing Director of Bharat Forge Limited, and Mr. Neelesh Tungar, Whole Time Director and CEO, Kalyani Strategic Systems Limited (KSSL) and President Defence, Bharat Forge.
Key Highlights
- Bharat Forge inks the largest domestic contract of 184 indigenously developed Artillery Systems with the Ministry of Defense, accounting for 60% of the 6900 Cr. procurement.
- The Advanced Towed Artillery Gun System (ATAGS) is the most advanced 155/52 mm calibre artillery system, jointly developed with DRDO.
- The contract was signed in the presence of Defence Secretary, Shri Rajesh Kumar Singh, and top executives of Bharat Forge.
- This deal is a significant step towards the Honourable Prime Minister Shri Narendra Modi’s vision of an Atmanirbhar Bharat in Defense.
- Bharat Forge is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors.