BAE Systems is to sell its stake in Defence Land Systems India (DLSI) to Mahindra Defence Systems less than three weeks after the two issued a statement announcing a strategic review of their joint venture.
The CV90 Light Tank provides high tactical and strategic mobility, and survivability in any terrain or tactical environment. The BvS10 armored all-terrain vehicle provides an unbeatable combination of mobility, payload and protection. The world’s first 155mm Howitzer weighing under 10000lbs (4218kg), the highly mobile M777, on display at DefExpo this year is the subject of ongoing discussions between the Indian and US Governments in relation to a possible sale.
The focus of the new company will be on Mine-Protected Vehicles for the Indian armed forces and paramilitaries as well as on future artillery programs.
