Bengaluru: Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have inked an MoU for co-operation in addressing India’s requirements in the domain of Short-Range Air Defence Systems.
The MoU was signed by K V Suresh Kumar, Director (Marketing), BEL, and Avi Elisha, VP and General Manager, Missile Systems Division, IAI, in the presence of Bhanu Prakash Srivastava, CMD, BEL, in Bengaluru.
The two companies have a long history of association and are engaged in several joint development / production / product support programmes for the Indian Defence forces.
The MoU is in sync with the ‘Atmanirbhar Bharat’ and ‘Make in India’ policies of the Government of India.
Bhanu Prakash Srivastava, CMD, BEL, said, “BEL considers IAI as a key strategic partner. This MoU will boost the co-operation between the two companies in the field of Short-Range Air Defence Systems.”
Boaz Levy, IAI’s President and CEO, said, “BEL and IAI have a successful partnership in the field of Air Defence in India. Together, we are providing the Indian Armed Forces with high-end Air Defence capabilities to boost the ‘Make in India’ initiative.”
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