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Bharat Forge Unit Signs Defense Pacts With Thales, FN Herstal

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Bharat Forge (NSE:BHARATFORG, BOM:500493) said its wholly owned defense subsidiary, Kalyani Strategic Systems, and Thales signed an alliance agreement to establish an industrial capability for 70-mm rocket systems in India, according to a Thursday exchange filing.

The partnership will cover unguided and laser-guided rocket systems, with plans for technology transfer, local production, and distribution.

The first fully assembled rocket made in India is targeted for early 2027.

Separately, Kalyani Strategic Systems and FN Herstal signed a memorandum of understanding to explore a dedicated production center and potential strategic alliance or joint venture covering small arms, integrated weapon systems and counter-unmanned aerial system solutions.

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