Israel Weapon Industries (IWI) has entered into a JV with India’s Punj Lloyd to manufacture Tavor 21 and Galil assault rifles under technology transfer arrangement.
“We have established a plant to manufacture assault rifles, carbines, light machine guns and snipers in our plant.” Ashok Wadhawan, President of Manufacturing Business (Defense and Aerospace) at Punj Lloyd was quoted as saying by Sputnik News today.
This is in line with the Indian government’s efforts to persuade foreign arms manufacturers to share technology and make the products under the ‘Make in India’ program.
Punj Lloyd has inaugurated a plant in central India with the help of IWI. The production of small arms will begin here this year.
Punj Lloyd will manufacture 5.56x45mm Tavor assault rifles that can fire up to 950 rounds per minute, and X-95 short weapon with a long barrel, three-caliber weapon having 360° Picatinny rail.
Apart from assault rifles, the joint venture will also manufacture semi-automatic Negev (5.56X45mm and 7.62X51mm) assault light machine gun and 7.62x51mm semi-automatic Galil sniper rifles. The Galil sniper fires up to 1,000 meters, targeting small, mobile or concealed objectives.
Punj Lloyd has set its eye on the Indian Army's plan to purchase 185,000 assault rifles with telescopic sights in future. However, the company expects the joint venture to make it big in all the procurement plans of armed forces related to small arms.
"It is basically for Make in India program. Right now we are not targeting just one product line here.
All the small arms products, which are needed for the armed forces, we would manufacture," Wadhawan added.
Punj Lloyd has invested approximately $52 million in defense manufacturing and has invested $4 million for this particular business.
"The investment amount would keep increasing depending on the order size which we keep getting," he said.
Indian Prime Minister Narendra Modi is expected to visit Israel this July to mark the 25th anniversary of joint diplomatic relations. Modi's visit, which will be the first-ever by an Indian Prime Minister, could yield some more defense deals between the two countries including armed Heron TP drones and Phalcon radar systems.
Israel will receive three addition F-35 stealth fighters from the United States on Sunday apart from two which arrived in December. They are among 50 that Israel has agreed to buy from aerospace giant Lockheed Martin,
Senior Israeli defense officials have said that Syria's Bashar al-Assad is possessing up to 3 tons of chemical weapons. "100 percent certain that the attack was 'directly ordered and planned by Assad'," Israeli Defence Minister Avigdor Lieberman told Israel's Yedioth Ahronoth newspaper on April 6,
INKAS announced that its subsidiary INKAS Israel commences full-scale operations in the Middle East by acquiring two Israeli special purpose tactical vehicles manufacturers. In addition to armoring services, INKAS Israel offers advanced technological solutions for special purpose vehicle modifications and conversions utilizing high quality certified materials and unique know-how
US Micronet Enertecs subsidiary, Enertec Systems has teamed up with Indias Cyient DLM to jointly pursue contracts with Israeli Aerospace and Defense companies that have offset obligations in India. These obligations are based on an ongoing Aerospace and Defense trade agreement between the governments of India and Israel, the company announced today
Black Hills Ammunition, South Dakota, is being awarded a $49.9 million contract with a five-year ordering period for 5
The US Army has invited bids for a 7.62mm automatic weapon, seeking to get an estimate on lead time and cost to purchase 10,000 new assault rifles that shoot armor piercing bullets
Israel is acquiring the naval version of Heron 1 (Shoval) Unmanned Air Vehicle system (UAS), equipped with a maritime radar and electro-optical payload to replace its manned Sea Scan maritime patrol aircraft. The Israel Aerospace Industries' (IAI) naval version of the Heron 1 (Shoval) unmanned air vehicle systems will be displayed at IMDEX ASIA 2017 in Singapore
Indias Goa Shipyard is expected to transfer an offshore patrol vessel (OPV) to Sri Lanka next month. India has delivered the second fast patrol vessel (FPV), christened MCGS Valiant, to the Mauritius Police Forces National Coast Guard couple of days ago and has plans to deliver an offshore to Srilanka,
A defense technology startup in India, CRON Systems is working to get the prototype of fully functional Driverless truck this year to help Indian army in hostile locations. A 40-member team at CRON Systems, cofounded by Chhabra, Saurav Agarwala and Tommy Katzenellenbogen, also claims that the first prototype would be ready in about six months
Embraer, ELTA Systems To Develop New Airborne Early Warning Aircraft
UAE, Ukraine To Jointly Manufacture Antonov UAVs
NP Aerospace Wins $79M UK Army’s Armoured Vehicles Maintenance Contract
Dearth of Fighter Jets In Paris Air Show Aerial Displays
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...