ENXTPA:HOAerospace & Defense
How India Rocket Partnership Will Impact Thales (ENXTPA:HO) Investors
Thales and Kalyani Strategic Systems Limited recently signed a Strategic Alliance Agreement to jointly develop unguided and laser guided 70-mm rocket systems in India, combining Thales' Belgian rocket technology with KSSL's local manufacturing and testing capabilities.
The partnership creates an Indian production base for Thales' 2.75-inch rockets already used by the Indian Armed Forces, opening a path for local value creation, technology transfer and potential export orders across air, land...