Ashok Leyland defence arm ties up with Krauss-Maffei

Feb 23 2011, 01:24 IST
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SummaryAshok Leyland Defence Systems, a newly formed company in which the Hinduja flagship Ashok Leyland holds 26% stake, has formed a strategic alliance with Krauss-Maffei Wegmann GmbH & Co KG, Munich, Germany...

Ashok Leyland Defence Systems (ALDS), a newly formed company in which the Hinduja flagship Ashok Leyland holds 26% stake, has formed a strategic alliance with Krauss-Maffei Wegmann GmbH & Co KG, Munich, Germany, at the International Defence Exhibition (IDEX) at Abu Dhabi on Tuesday to co-operate in the development of advanced defence systems for the Indian defence establishment as well as other defence forces worldwide. The scope of the co-operation will initially include the development of armoured wheeled vehicles, recovery vehicles, artillery and combat systems, bridge laying systems and other similar products. ALDS brings to this strategic alliance the expertise and experience of designing and developing defence vehicles that has made Ashok Leyland the largest supplier of logistics vehicles to the Indian Army with over 60,000 of its Stallion vehicles forming the Army’s veritable logistics backbone.

Krauss-Maffei Wegmann (KMW) will provide the technology and the technical assistance that will be required for the development of these defence systems. A 170-year-old company, KMW leads the market for highly protected armoured wheeled and tracked vehicles. The armed forces of over 30 nations worldwide rely on the German firm’s systems.

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