Pune: Bharat Forge has achieved a significant milestone by entering contract negotiations with the Ministry of Defence for the 155mm/52cal Advanced Towed Artillery Gun System (ATAGS) and Gun Towing Vehicles (GTVs) for the Indian Army.
This development follows the Ministry’s Acceptance of Necessity (AoN) granted in March 2023, marking steady progress through technical evaluations and commercial bid processes.
In March 2023, the Ministry of Defence, Government of India, had accorded
the Acceptance of Necessity (AoN) for procurement of the 155mm/52cal
Advanced Towed Artillery Gun System (ATAGS) along with the Gun Towing
Vehicles (GTVs) for the Indian Army.
After completion of due technical evaluation process and commercial bids opening, the contract negotiation procedure between Bharat Forge Ltd and the Indian Ministry of Defence is currently underway.
The contract negotiation procedure is expected to conclude before the end of the current
financial year 2024-25.
Bharat Forge Limited (BFL), a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction and mining, rail, marine, defence and aerospace.
BFL has presence across 18 manufacturing locations in five countries with the largest
repository of metallurgical knowledge and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation.
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