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
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