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Joint Venture8 Dec 2025, 10:20 pm

RRP Defense Ltd Enters Mutual Non-Disclosure Agreement with Taharbadkar Solutions Private Limited for DART -Dirven Ammunition Reduced Time Flights System Project

AI Summary

RRP Defense Ltd has entered into a Mutual Non-Disclosure agreement (MNDA) with Taharbadkar Solutions Private Limited for the development, supply and commercialization of Component’s related to the DART -Dirven Ammunition Reduced Time Flights System being developed under the AIDITI 2 programme of IDEX for Indian Navy application. The collaboration aims to combine the technical expertise, resources, and domain capabilities of the Parties to ensure effective execution of the project, fulfilment of development requirements, and enabling future commercial deployment, in line with the objectives of the Ministry of Defence innovation framework. The Company has also received a Letter of Intent (LoI) from the Vendor for an approximate project value of 20 crore, which shall be executed in 3 Phases.

Key Highlights

  • RRP Defense Ltd and Taharbadkar Solutions Private Limited have entered into a Mutual Non-Disclosure agreement (MNDA).
  • The MNDA is for the development, supply and commercialization of Component’s related to the DART -Dirven Ammunition Reduced Time Flights System being developed under the AIDITI 2 programme of IDEX for Indian Navy application.
  • The collaboration aims to combine the technical expertise, resources, and domain capabilities of the Parties.
  • The Company has received a Letter of Intent (LoI) from the Vendor for an approximate project value of 20 crore.
  • The project shall be executed in 3 Phases as mutually agreed between the parties.
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