India's Kalyani Group Bags $155M Export Contract for Artillery Guns
India's Kalyani Group, a subsidiary of Bharat Forge Limited (BFL), has won a contract valued $155 million to supply artillery guns to a foreign customer.
The company said in an official statement that it will complete the delivery of undisclosed number of artillery guns in three years.
Bharat Forge has recently supplied M4 armoured vehicle to the Indian Army. M4 is a license-built version of Mbombe 4 developed by South Africa's Paramount Group.
The Advanced Towed Artillery Gun System (ATAGS), a 155-mm, 52-calibre artillery gun currently undergoing trials, has been jointly developed by the Defence Research and Development Organisation (DRDO) with Bharat Forge of the Kalyani Group and the Tata Advanced Systems Limited.
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