Bharat Electronics and Israel Aerospace Industries formed a joint venture firm.
Navratna Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have announced to form of a joint venture company (JVC) named BEL IAI AeroSystems Private Ltd.
It will be the single point of contact (SPOC) for extending long-term product support to the medium-range surface-to-air Missile (MRSAM) systems of India’s defence forces.
JVC has been set up to provide both technical and maintenance support.
MRSAM is an advanced, path-breaking air and missile defence system.
It has been jointly developed by IAI and DRDO for India’s defence forces.
