BEL and Israel Aerospace Industries signed MoU

Tags: International Relations

Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) signed a Memorandum of Understanding (MoU).

An Overview of the News

• The signing ceremony was held in Bengaluru.

• The MoU focuses on the area of Short Range Air Defense Systems.

• BEL and IAI have previously worked together on joint development, production and product support programs for the Indian Defense Forces.

• The MoU is in line with India's 'Atmanirbhar Bharat' (self-reliant India) and 'Make in India' policies.

• These policies emphasize self-reliance in domestic manufacturing and defense capabilities.

• BEL and IAI aim to contribute to these national objectives through their collaboration.

IAI's expertise in aerospace and defense:

• Israel Aerospace Industries (IAI) is a leading aerospace and defense company in Israel.

• They are known for their capabilities in aerospace and defense technologies.

• IAI offers a wide range of solutions, including space technology, UAVs, missiles, intelligence solutions, air defense systems, radars and more.

• President and CEO of IAI - Boaz Levy

• Establishment of IAI - 1953

Role of BEL in Self-Reliance in Defense Electronics:

• Bharat Electronics Limited (BEL) was established to enhance India's self-reliance in defense electronics.

• BEL operates across diverse sectors, producing state-of-the-art products and systems.

• His areas of expertise include radar, missile systems, military communications and naval systems.

• The company also expands its efforts into non-defense areas including electronic voting machines, homeland security, smart cities, satellite integration, space electronics and cyber security.

• BEL was established in 1954.

• BEL Chairman and Managing Director - Bhanu Prakash Srivastava