Mahindra Defence Systems (MDS), a part of the Mahindra & Mahindra Group, is in advanced negotiations for a strategic alliance with Whitehead Alenia Sistemi Subacquei (WASS), the maritime underwater systems subsidiary of the $12 billion Finmeccanica Group of Italy.
"The Mahindra Group has a long and illustrious relationship with the defence sector, which dates back to the time we began assembling jeeps in India. Our association has only strengthened over the years with the inception of MDS, which has emerged as one of the foremost suppliers of light combat/armoured vehicles and their derivatives for defence/ security forces in the country. We are also looking at strategic partnerships with experienced players in the field, which will help us enhance our product offerings for the defence sector," said Anand Mahindra, vice chairman and managing director, Mahindra Group.
The proposed joint venture with WASS will enable MDS to enhance product range by utilising the industrial and operational capabilities of Mahindra & Mahindra. The Finmeccanica Group has supplied lightweight torpedoes and submarine fired decoys to the armed forces.
"The proposed underwater defence JV with WASS will jointly address the Indian requirement for underwater defence bringing to the country's armed forces affordable world-class underwater defence systems. The range of MDS products displayed at the DefExpo underscores our competencies in land and naval systems, military communications and system integration. MDS is the country's leading provider of up-armoured and bullet proof vehicles with more than 500 Rakshaks and up-armoured Scorpios in service in the Indian Army and security / police forces. These vehicles have proved themselves repeatedly in operations, and have developed a formidable reputation by saving the lives of our armed forces personnel," said Brigadier Khutub Hai, chief executive, Mahindra Defence Systems.
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