Shares of Bharat Forge Ltd were trading in the green and 1% higher on 18 June after the company announced that it had signed a Memorandum of Understanding (MoU) with French business Turgis Gaillard to offer AAROK unmanned aerial vehicle (UAV) in accordance with India’s defence ministry.

AAROK is a medium-altitude long-endurance (MALE) UAV designed to provide the finest available technology at the lowest possible acquisition and deployment costs, according to the firm. It conducts long-range surveillance missions by flying at high altitudes for extended periods of time, according to the statement, adding that the UAV’s electromagnetic sensors and radar allow it to observe the enemy while remaining safe from dangers.

Bharat Forge stated that AAROK is permanently connected to command and control systems and other military assets, sending the information required to construct an up-to-date tactical situation.

AAROK, which has a payload of over 1.5 tonnes of weapons fired from a safe distance, also assists multi-domain operations by striking far behind enemy lines, disrupting enemy defences, and neutralising surface-to-air defence systems, according to the statement.

The statement 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.”

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.

At 1:13 pm, the shares of Bharat Forge were trading flat at Rs 1,299.90, compared to its previous closing price of Rs 1,300.50 on NSE.

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