Strengthening local partnerships: TKMS signs Memorandum of Understanding with Indian defense company VEM Technologies Pvt. Ltd.

TKMS and VEM Technologies Pvt. Ltd. sign a Memorandum of Understanding. (TKMS)

TKMS consolidates its position as a reliable partner to the Indian Navy and strengthens the local defense industry

TKMS signed a Memorandum of Understanding (MoU) with Hyderabad based VEM Technologies Pvt. Ltd., a renowned Indian defense company, specializing in design, development and manufacturing of weapon systems and fuselage and systems for airborne systems. The agreement lays the foundation for the development, production, integration, testing and modernization of heavyweight torpedoes. Supported by TKMS and its segment ATLAS ELEKTRONIK, VEM Technologies Pvt. Ltd. will take over the integration and testing of the torpedoes in India.

Oliver Burkhard, CEO of TKMS, explains: “The Memorandum of Understanding sends a clear signal: TKMS stands ready as a reliable partner to the Indian Navy. We are applying our technical expertise to accelerate the ‘Make-in-India’ strategy and strengthen the local defense industry in the long term.”

In addition to the Memorandum of Understanding, TKMS is also intensifying its cooperation with the Indian company CFF Fluid Control Limited, which specializes in mechanical, electronic, and weapon systems for Indian Navy. The aim is to advance the development and production of state-of-the-art Anti-submarine warfare (ASW) systems for surface vessels and various other strategic applications.

Both parties are currently exploring further opportunities with TKMS to intensify their cooperation. These include participation in the P75(I) submarine program, cooperation with the DRDO (Defense Research and Development Organization) and other Indian organizations, and the establishment of expanded production centers. These centers will serve both Indian and global customers in the future.