Indian and Israeli companies have signed agreements that include manufacturing of air defense systems, radars, anti-ship missiles, medium altitude long endurance UAVs in India under technology transfer.
About 12 agreements worth $4.3 billion were signed during a formal meeting of India-Israel CEOs forum in Tel Aviv soon after Indian Prime Minister Narendra Modi’s visit, Sputnik reported Friday.
Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd. (KSSL) have signed a Memorandum of Understanding (MOU) to expand joint venture for establishing a maintenance center for selected advanced air defence systems radars, anti-ship missiles and command & control systems for the Indian armed forces in Hyderabad in the state of Telengana in India for $1.54 billion.
In February 2017, IAI had signed an MOU with KSSL on establishing a joint venture that will develop, build, market and manufacture selected air defence systems and light weight special purpose munitions, in accordance with the Indian Government’s ‘Make in India’ policy.
Bangalore-based Dynamatic Technologies and Elcom signed a ‘Strategic Teaming Agreement’ to produce, assemble and support UAVs in India with IAI. The joint venture is targeting the lucrative medium altitude long endurance (MALE) UAV market in India under technology transfer from IAI. The Indian defense ministry invited a response from indigenous manufacturers for procurement of MALE UAVs for use by three defense services.
Elbit Security Systems Ltd signed a contract with an Indian counterpart Alpha Design Technologies Pvt. Ltd for expansion of the existing joint venture ‘Alpha-Elsec Defence & Aerospace Systems Pvt Ltd’
The inking of this agreement enhances the scope of operation of the JVC into niche technological areas such as new generation thermal imaging equipment’s, state-of-art fire control systems, unmanned aerial systems (UAS) under the mini, medium sized UAV category, in addition to night vision devices, laser range finders, laser pointers, reflex sights, amongst the others.
India’s Garware Wall Ropes Ltd. (GWRL) signed a Memorandum of Understanding (MOU) with Israel’s Aero-T for manufacturing and supply of advanced aerostats for Indian Defence.
Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd. (KSSL) have signed a Memorandum of Understanding (MOU) to expand joint venture for establishing a maintenance center for selected advanced air defence systems in Hyderabad in the state of Telengana in India
Indias Garware Wall Ropes Ltd. (GWRL) signed a Memorandum of Understanding (MOU) with Israels Aero-T for manufacturing and supply of advanced aerostats for Indian Defence
Israeli cyber security researchers are claiming that the virus that attacked computers in two Israeli hospitals last week was released by a hacker who identifies himself as a Palestinian. The virus is a spy tool designed to extract information
Israel's Skylark-model unmanned aerial vehicle crashed Tuesday in the south of the Gaza Strip. The unnamed aerial vehicle fell in the south of the Gaza Strip
India is expected to sign agreements to purchase Spike anti-tank missiles and Heron TP combat drones during Indian Prime Minister Narendra Modis visit to Israel on Tuesday. The Heron-TP armed drones form part of $400 million deal cleared by the Indian defense ministry in 2015
Israeli companies need not obtain a marketing license for certain cyber and electro-optic systems and tools, and security and anti-terrorism warfare education, according to changes in the defence export policy proposed by the countrys Ministry of Defence (MoD). The MoD will significantly shorten the list of products whose overseas marketing requires prior approval from the Defense Export Controls Agency (DECA)
Boeing and Lockheed Martin will be competing against each other for Israels heavy-lift CH-53 Yasur helicopters replacement program. Israel is considering two options of rotary-wing aircraft
Indian Army and Defence Research and Development Organisation (DRDO) have signed a memorandum of understanding (MoU) for developing a medium-range surface to air missile (MR-SAM) that would be capable of shooting down ballistic missiles and aircraft. “The MoU indicates the commencement of development of MRSAM system in the configuration as required by the Army,” a senior Army official was quoted as saying by Press Trust of India
Israeli police has detained six suspects including Israeli PM Netanyahu's 'Close Associate' in German Submarine Bribery Affair. The six suspects were government officials and worked in the private sector at the time of the submarine deal, police said
Indian is speeding up procurement plan for over 185,000 high calibre guns of 7.62×51 mm to replace locally made INSAS rifles
Israel is reportedly buying multi-rotor drones that can be armed with machine guns and grenade launchers. Manufactured by Duke Robotics, TIKAD can be mounted with machine M4 gun, sniper SR-25, 40-millimeter grenade launcher and other weapons with a payload of about 10 kg
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