Bharat Dynamics signs MoU with Tawazun Economic Council UAE

6 Apr 2022 , 01:33 AM

Bharat Dynamics BDL and Tawazun Economic Council TEC United Arab Emirates have exchanged Memorandum of Understanding MoU to explore new business opportunities in various areas of mutual interest in the field of defence Tawazun Economic Council Tawazun is the UAE defense and Security acquisition authority for the UAE armed force and also manages the procurement and contract of the UAE armed forces covering administrative technical contractual and functional aspects Both BDL and TEC under the MoU will work together to identify different business opportunities and assess the viability and feasibility of jointly implementing business opportunities in the field of co-development coproduction establishment of Joint Ventures setting up of Maintenance repair refurbishment life extension facilities supply of military products as well as licensed production The duo will also explore the export possibility of the products to reach out the global demands