Source : PTI/Business Standard
Kalyani Rafael Advanced Systems (KRAS) bags Rs 287.51 crore order to supply missile systems
The company is a joint venture between Kalyani Strategic Systems Ltd (a wholly-owned defence subsidiary of Bharat Forge Ltd) and Rafael Advanced Systems Ltd of Israel.
“The order is expected to be executed over the next 12 months,” Bharat Forge said in a regulatory filing.
The value of the order amounting to Rs 287.51 crore is inclusive of taxes, it added.