Mumbai Capital

Ashok Leyland ties up with Lockheed Martin

Ashok Leyland Defence Systems (ALDS), a division of Hinduja Group flagship company Ashok Leyland, on Tuesday roped in US-based defence contractor Lockheed Martin Corp to develop combat vehicles for the Indian Army, a company statement said.

The base platforms of Lockheed combat vehicles will be used to develop light-specialist and light-armoured multipurpose vehicles for the Army. Ashok Leyland will serve as the prime contractor and provide a “high quality”, “cost effective” manufacturing hub for global requirements of the vehicles, said the statement.

Vinod K Dasari, managing director of Ashok Leyland, “As the largest provider of logistics vehicles to the Indian Army, Ashok Leyland has a strong portfolio in the defence sector. This partnership will not just further India’s ambitions under the Make in India programme, but will help us provide robust, and meaningful solutions to armed forces across new domains and geographies. We are buoyant about the defence segment, and expect our play to increase manifold.”

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Printable version | Apr 22, 2021 5:52:46 PM |

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