Shares of Bharat Forge Ltd. are in focus on Wednesday, June 18, after the company said it signed a Memorandum of Understanding (MoU) with French company Turgis Gaillard on Tuesday to offer AAROK unmanned aerial vehicle (UAV) in alignment to India’s defence ministry.AAROK is a medium-altitude long-endurance (MALE)-class UAV developed to offer the best available technology at the lowest acquisition and deployment cost, the company said. Flying at high altitude and for long periods, it performs long-range surveillance missions, it said, adding that the UAV’s electromagnetic sensors and radar enable it to monitor the enemy while remaining stand of from threats.
AAROK is permanently connected to command and control systems and other military assets, transmitting the information needed to establish an up-to-date tactical situation, Bharat Forge said.
With a payload of over 1.5 tonne of weapons fired from a safe distance, AAROK also supports multi-domain operations by striking far behind enemy lines, disrupting enemy defences and neutralising their surface-to-air defence systems, it added.”Flying for more than 25 hours, AAROK will finally reinforce India’s assertion of sovereignty over its territorial waters by detecting incursions and monitoring ongoing activities,” it said.Bharat Forge said it will establish an AAROK production line on site. “With AAROK, Turgis Gaillard and Bharat Forge are offering the Indian armed forces an advanced, robust and scalable MALE UAV designed to act as a force multiplier in a connected battlefield,” it added.Bharat Forge shares ended the previous session 1.74% lower at ₹1,298.6 apiece. The stock has gained 3.3% in the past month.Also Read: Motilal Oswal downgrades BSE, others warn of market share loss after expiry day shift
