Saturday, November 26, 2011

Ownership Status of BrahMos Aerospace LTD.

Brahmos Aerospace Thiruvananthapuram Limited (BATL) is a subsidiary Company of BrahMos Aerospace Private Limited (BAPL), New Delhi, which is a Joint Venture between India and Russia formed through Inter-Governmental Agreement with a majority shareholding of 50.5% by Defence Research and Development Organisation (DRDO), Government of India. This Company has exclusive task of design, development, production and sale of BrahMosSupersonic Cruise Missiles for our Armed Forces. BATL is managed by an Independent Board with members from BAPL, DRDO, ISRO, State Government and also with independent expert member.

BATL is presently manufacturing systems, components for DRDO, ISRO, BrahMos, HAL, BARC related with missiles including BrahMos systems, PSLV, GSLV, satellites and robotic arms. BA TL is manufacturing these components and systems as per orders received from the above Organizations.

This information was given by Defence Minister Shri AK Antony in written reply to Dr TN Seema in Rajya Sabha on 23 Nov.

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