Bharat Electronics Ltd (BEL) said that it has signed a memorandum of understanding (MoU) with Munitions India Limited (MIL) to jointly address the needs of Indian defence and export markets in ammunition, explosives, and related systems.
The MoU is aimed at making use of the complementary strengths and capabilities of Bharat Electronics Ltd and Munitions India Limited. The co-operation between the parties is expected to enable the two parties to jointly address opportunities in both the domestic and export in the areas of ammunition, explosives and related systems and sub systems, said Bharat Electronics Ltd.
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