India’s Ashok Leyland has signed a Memorandum of Understanding (MOU) with Israeli Elbit Systems to provide High Mobility vehicles (HMV) for mounting Elbit Systems’ artillery guns and systems.
The integrated systems are targeted for worldwide export markets, the company said in a statement Wednesday.
Ashok Leyland MD Vinod K Dasari said this partnership will expand the company's reach globally. "It underlines our capabilities of making and designing in lndia, for the world. 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," he said.
Ashok Leyland has expertise in design, manufacturing of logistic vehicles, combat support High Mobility Vehicles (HMV) and Armoured vehicles for the defence forces. Elbit Systems, is engaged in a range of defense areas including land systems, artillery systems and platforms, howitzers, mortars and ammunition.