This MoU is envisaged to boost the cooperation between the two companies in the field of short-range air defence systems.
Banking & Finance
Navratna Defence PSU Bharat Electronics Limited and Israel Aerospace Industries Israel’s leading aerospace and defence company, 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 Mr K V Suresh Kumar, Director BEL, and Mr Avi Elisha, VP and General Manager, Missile Systems Division, IAI, in the presence of Mr Bhanu Prakash Srivastava, CMD, BEL, in Bengaluru yesterday.The partnership marks yet another significant step towards cementing the synergy between the two companies which have a long history of association.
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