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Bharat Forge Ltd (BFRG.NS)

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Thu, Jul 11 2019

Bharat Forge JV gets $100 million order from Israeli defence firm

BENGALURU Indian conglomerate Bharat Forge Ltd said on Thursday its joint venture got a $100 million order from Israel's Rafael Advanced Defence Systems Ltd for the manufacture and supply of missiles to the Indian Army and Air Force.

India's Bharat Forge JV gets $100 mln order from Israeli defence firm

BENGALURU, July 11 Indian conglomerate Bharat Forge Ltd said on Thursday its joint venture got a $100 million order from Israel's Rafael Advanced Defence Systems Ltd for the manufacture and supply of missiles to the Indian Army and Air Force. The order was given to its joint venture company, Kalyani Rafael Advanced Systems Ltd, in which Rafael is also a partner, Bharat Forge said in a statement. (Reporting by Derek Francis in Bengaluru; editing by Gopakumar Warrier)

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