VEM, TKMS Seal Teaming Deal to Build Heavyweight Torpedoes in India

Overview

• The companies signed the teaming agreement on March 10 in Hyderabad to co-produce Make-in-India heavyweight torpedoes.
• ATLAS Elektronik, a TKMS segment, will transfer torpedo technology plus software licenses to VEM to support local manufacturing.
• Initial production targets weapons for the Indian Navy’s current submarine fleet, with scope to expand to additional torpedo programs.
• The partners intend to form a joint venture in the medium term to supply the domestic market and explore export opportunities.
• The announcement did not disclose regulatory approvals, facility upgrades, transfer schedules, or production start dates.