An Update on Tonbo (in which HBL is planning to acquire 34-35% stake)
Tonbo is providing seeker and launcher unit for BDL ATGM Amogha 3 which was tested successfully in March 2023. The product seems to be on par with world’s best product like Israeli Tank-Buster ‘Spike’ Missile and US’ Combat-Proven ‘Javelin’. Orders can be over $500mn over the next couple of years.
BDL & Tonbo Imaging is developing most advance Anti-tank Guided Missile (ATGM): AMOGHA 3
https://twitter.com/GODOFPARADOXES/status/1640806481342746655
India’s Iron Man : Building India’s Largest Defense Technology Startup Ft. Arvind Lakshmikumar
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