ABU DHABI - Krauss-Maffei Wegmann (KMW) has struck a deal with Ashok Leyland Defence Systems to partner in the development of armored vehicles for Indian and other markets.
The two companies used the IDEX defense show here to announce they have signed a memorandum of understanding covering armored wheeled vehicles, recovery vehicles, artillery and combat systems, bridge layers, and other similar vehicles.
Ashok is India's largest military truck supplier, with more than 60,000 of its Stallion machines helping power India's military logistics effort.
The Chennai-based company recently formed a new company, Ashok Leyland Defence Systems, to spearhead its special military vehicles effort.
Germany's KMW said it would provide technology and technical assistance to develop products for the Indian market.
Ashok Leyland Defence Systems Chairman V. Sumantran, said the "strategic partnership seeks to harness the formidable skills of both companies, namely, the technological bandwidth of KMW and our approach to innovations aimed at cost advantage."
The German armored vehicle company follows European rival Bae Systems into the Indian market. It recently formed a joint venture with automotive maker Mahindra & Mahindra to develop artillery systems and armored vehicles for the Indian market.
The two companies used the IDEX defense show here to announce they have signed a memorandum of understanding covering armored wheeled vehicles, recovery vehicles, artillery and combat systems, bridge layers, and other similar vehicles.
Ashok is India's largest military truck supplier, with more than 60,000 of its Stallion machines helping power India's military logistics effort.
The Chennai-based company recently formed a new company, Ashok Leyland Defence Systems, to spearhead its special military vehicles effort.
Germany's KMW said it would provide technology and technical assistance to develop products for the Indian market.
Ashok Leyland Defence Systems Chairman V. Sumantran, said the "strategic partnership seeks to harness the formidable skills of both companies, namely, the technological bandwidth of KMW and our approach to innovations aimed at cost advantage."
The German armored vehicle company follows European rival Bae Systems into the Indian market. It recently formed a joint venture with automotive maker Mahindra & Mahindra to develop artillery systems and armored vehicles for the Indian market.
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