Lloyds Engineering expands Strategic Drone Partnership with FlyFocus through MoU for First Person View Systems

Lloyds Engineering Works Limited (LEWL) has signed a new Memorandum of Understanding (MoU) with Poland-based FlyFocus Sp. z o.o. to jointly introduce advanced First Person View (FPV) drones for India's defence and security sectors.

This MoU builds on the companies' ongoing partnership in the Defender drone program and marks a strategic expansion into agile, short-range UAV systems, thereby strengthening India's capability spectrum from long-range surveillance to rapid-response tactical operations.

Accelerating a Strategic Defence Collaboration

The FPV initiative underscores the deepening collaboration between Lloyds Engineering and FlyFocus, reflecting a joint commitment to deliver India-specific, next-generation drone solutions.

While the Defender platform targets long-range intelligence and surveillance, the new FPV drones are purpose-built for high-mobility, close-quarter scenarios-supporting real-time reconnaissance, training, urban security, and special operations.

MoU Highlights and Strategic Value

- Complementary Capabilities: FPV drones will work alongside Defender systems to provide India's forces with end-to-end aerial intelligence-spanning strategic depth and tactical agility.

- Technology Transfer & Localisation: FlyFocus will enable LEWL with a structured technology transfer model, achieving over 50% local content through component manufacturing and final assembly in India.

- Aligned with Make in India: The partnership directly supports Atmanirbhar Bharat, enhancing India's self-reliance in high-tech defence manufacturing.

- Exclusive India Rights: LEWL will hold exclusive rights to adapt and deploy FPV systems for Indian use, securing long-term operational sovereignty.

- Export Potential: With global demand for agile drone systems rising, the collaboration opens export opportunities through India's competitive manufacturing base.

Strengthening India's Tactical Drone Capability

Engineered for border surveillance, counter-terrorism, tactical ops, and urban missions, the FPV drones bring precision, speed, and situational awareness to India's defence and law enforcement agencies.

India's defence sector is in rapid expansion. FY26 allocations exceed ₹6.8 lakh crore, with over 90% of Ministry of Defence contracts awarded to Indian firms. In this landscape, Lloyds Engineering is emerging as a key player through focused investments in indigenous technologies and next-gen platforms like Defender and FPV.

Mr ShreeKrishna Gupta, Director, Lloyds Engineering Works Limited, said: "This MoU represents the next phase of our collaboration with FlyFocus. FPV drones will give Indian forces unmatched tactical flexibility and real-time capability. We're committed to localising this technology and building future-ready solutions for India."

Toward a Full-Spectrum Drone Ecosystem

With Defender and FPV platforms now underway, Lloyds Engineering is building a robust, multi-tiered drone ecosystem spanning surveillance, intelligence, and tactical engagement. The company is also exploring future partnerships in electronic warfare, aerospace subsystems, and mobility tech, reinforcing its position as a frontrunner in India's evolving defence landscape.

Shares of Lloyds Engineering Works Limited was last trading in BSE at Rs. 61.10 as compared to the previous close of Rs. 62.82. The total number of shares traded during the day was 85632 in over 927 trades.

The stock hit an intraday high of Rs. 62.46 and intraday low of 60.87. The net turnover during the day was Rs. 5250713.00.

Source : Equity Bulls

Keywords

LloydsEngineeringWorks INE093R01011 Partnership Drone FlyFocus MoU FPVSystems