The Hindu Business Line : BEL ties up with 3 Israeli cos

Bharat Electronics Ltd said it has tied up with three Israeli companies during the just-concluded Defexpo in Delhi. It will form a joint venture with Rafael Advanced Defence Systems Ltd to take up missile electronics and guidance technologies. This will enable Rafael to take up offset requirements by transferring technology and have indigenous production, according to a BEL release. Mr V.V.R. Sastry, BEL's CMD, said the joint venture will enable BEL to expand its portfolio to meet the growing demand of missile electronics. BEL also signed a MoU with Israel Aerospace Industries Ltd (IAI)- Malat to jointly work on unmanned aerial vehicle systems for Indian defence requirements. BEL will undertake the product support function for the UAVs and manufacture and supply designated sub-systems. IAI will provide the technical know-how for maintenance support. A 12-year tie-up with Elisra envisages joint working for various airborne electronic warfare programmes for Indian defence requirements. - Our Bureau

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