December 2016 Current Affairs

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Ashok Leyland To Partner With US Firm To Develop Defence Systems

Ashok Leyland To Partner With US Firm To Develop Defence Systems
23 March 2016 Current Affairs: Hinduja Group’s Ashok Leyland Defence Systems Ltd (ALDS) has tied up with US-based defence contractor Lockheed Martin Corp. to develop combat vehicles for the Indian Army, the company said in a statement on March22,2016.The base platforms of Lockheed combat vehicles will be used to develop light specialist and light armoured multipurpose vehicles for the Indian Army.“As the largest provider of logistics vehicles to the Indian Army, Ashok Leyland has a strong portfolio in the defence sector. This partnership will not just further India’s ambitions under the Make in India programme, but help us provide robust and meaningful solutions to armed forces across new domains and geographies. We are buoyant about the defence segment, and expect our play to increase manifold,” said Vinod K. Dasari, managing director of Ashok Leyland.With the Indian armed forces looking to modernize their armoured vehicle fleet, there could be more opportunities ahead.“A combination of their (Lockheed Martin) technical expertise and our proven vehicle platforms will enable us to offer versatile solutions to armed forces across segments,” said Nitin Seth, president, light combat vehicles and defence, Ashok Leyland.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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