Bharat Electronics, Israel Aerospace Industries form Joint Venture Company

Daily Current Affairs / Bharat Electronics, Israel Aerospace Industries form Joint Venture Company

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Category : Miscellaneous Published on: October 07 2024

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India Electronics Limited (BEL) and Israel's leading aerospace and defense company Israel Aerospace Industries (IAI) have announced the establishment of a Joint Venture Company (JVC), which has been incorporated under the name of BEL IAI Aerosystems Private Limited.
The joint venture company will be a single point of contact (SPOC) to provide long-term product support to the Medium-Range Surface to Air Missile (MRSAM) systems of the India's defence forces.
The joint venture company has been set up to provide technical and maintenance lifecycle support for the country's MRSAM air defence systems.

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Bharat Electronics, Israel Aerospace Industries form Joint Venture Company