Bharat Forge Ltd (BFL), global aerospace and technology Indian company and VEDA Aeronautics (P) Ltd (VEDA), an Indian Aerospace & Defence company involved in development and supply of Unmanned Systems, have signed a Memorandum of Understanding (MoU) to develop state-of-the-art Unmanned Aerial Vehicles (UAV) & other High-Speed Aerial Weapon systems used in the battlefield.
While VEDA has been engaged in shaping the unmanned system technology for defence services, BFL will supply the micro jet engines used in these unmanned systems. The MoU is expected to play a vital role in leveraging each other’s capabilities to strengthen India’s defense capabilities and contributing to national self-reliance.
SOURCE: VEDA Aeronautics (P) Ltd
