BHARATFORGNSEBharat Forge Limited· Castings/ForgingsLowPositive
Announced Tue, 17 Jun · 17:49 IST

Bharat Forge Limited has informed the Exchange regarding a press release dated Jun 17, 2025, titled "Bharat Forge and Turgis Gaillard to propose AAROK on India s MALE UAV requirements.".

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bharat Forge has signed an MoU with French defence company Turgis Gaillard at the Paris Airshow on June 17, 2025, to jointly offer the AAROK Medium Altitude Long Endurance (MALE) UAV to the Indian Ministry of Defence. AAROK is designed for high-altitude, long-endurance surveillance and strike missions, with a payload capacity of over 1.5 tonnes and a flight time exceeding 24 hours. Bharat Forge will set up a local AAROK production line in India to meet armed forces' needs, ensuring local manufacturing and full sovereignty over maintenance and overhaul. The partnership positions Bharat Forge deeper in India's growing defence and aerospace sector, leveraging its existing relationships with the Indian armed forces.

Likely market impact

This is a positive strategic development, expanding Bharat Forge's defence portfolio with a high-value UAV programme aligned to Indian defence procurement. While no immediate revenue impact is disclosed, the partnership could open significant long-term order opportunities from the Indian armed forces, supporting future growth in the defence segment.