WION:

Israeli Aerospace Industries(IAI) and India’s Bharat Electronics Limited (BEL), firms owned by their respective Governments, have entered into a Memorandum of Agreement (MoA) to form a joint venture firm for extending long-term product support services for Indian Armed Forces.

Aimed at providing life-cycle support for the Indo-Israeli Medium-Range Surface to Air Missile (MRSAM), this joint venture furthers the long-standing cooperation between India and Israel in the field of Defence. The venture is to have its headquarters in India’s capital New Delhi and will provide technical and maintenance support for MRSAM and its related systems.

Click here to read more