OIS Advanced Technologies (OIS-AT) and SAMP of France have entered into joint venture agreement. They have agreed to manufacture advanced penetration bombs in India, and conduct research and development for India's customized requirements.
This will include advanced technology from SAMP, which is a proven supplier in this field.
"We are pleased that SAMP has agreed to support establishing a joint venture with OIS-AT for manufacturing and research with an aim to develop a portfolio of advanced penetration bombs in India. We believe that these also directly support and advance the government of India’s “Make in India" program
said Sanjay Bhandari, Chairman and Managing Director of OIS-AT.
"We are pleased with our Joint Venture relationship with OIS-AT to establish an advanced penetrator bomb manufacturing facility, and to establish a research and development facility for customized local requirement. We will provide necessary technology transfer to OIS-AT and joint venture to develop
and manufacture a range of penetration bombs for Indian requirements to serve the requirements of the Indian Military", said Christian Martin CEO of SAMP(France).
Penetration bombs are specialized weapons used with precision by the air force to able to penetrate hardened enclosures. When coupled a precision guided kit, and advanced weapons release technologies, it becomes effective and relatively low cost precision weapon for the Air force to complete missions by limiting collateral damage.
The agreement will also lead to the transfer of technology and manufacturing of general purpose bombs of new type in India.