Ashok Leyland shines on delivering first light bulletproof vehicle to Indian Air Force
The largest supplier of logistics vehicles to the Indian Army and the flagship company of Hinduja Group, Ashok Leyland has strengthened its armoured vehicle platform by delivering its first ‘light bulletproof vehicle’ (LBPV) to the Indian Air Force.
The company collaborated with Lockheed Martin Corporation for the making of this vehicle and delivered it on April 13. LBPV is an adopted version of LM’s common vehicle next gen (CVNG). The vehicle is completely indigenised and developed in India.
There are multiple reasons that make this vehicle ideal for a host of military applications. One of them is the vehicle’s high off-road mobility in mud, sand, rocks & shallow water. The vehicle also has a high payload fraction. It has an outstanding ride quality, coupled with low occupant-absorber power. Apart from this, it offers superior protection and combat capability of protecting the crew from both ballistic & blast threats.
On Friday at 2.20 pm, the share price of the company was trading at Rs 115.10, which is 2.77 per cent above its previous close on BSE.