Ashok Leyland, Elbit Systems ink agreement for high mobility vehicles

Ashok Leyland

Ashok Leyland has inked a MoU with Elbit Systems to provide High Mobility vehicles (HMV) for the latter’s artillery guns and systems.

While the former is flagship of the Hinduja Group, the latter is an Israel-based high technology company globally engaged in a range of defence areas, including Land Systems, Artillery Systems and Platforms, Howitzers, Mortars and Ammunition.

Ashok Leyland Managing Director Vinod K Dasari, said he is certain that this partnership will expand the company’s reach globally.

He added: “It underlines our capabilities of making and designing in India, for the world,” he said, adding “this step is also in line with our strategy of increasing contribution from our Defence Business which will help us de-risk our overall business.” The integrated systems are targeted for worldwide export markets.

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Author: Research Desk