Post

Israel Aerospace Industries Inks 3 Deals in India

Israel Aerospace Industries Inks 3 Deals in India

Israel Aerospace Industries, (IAI) the nation’s largest aerospace and defense firm, signed three cooperation agreements with Indian companies at the Aero India exhibition held last month in Bangalore.

The agreement between IAI and India’s Bangalore-based Dynamatic Technologies Limited calls for the Israeli company to transfer technology and production capabilities to Dynamatic that will enable the production of local mini UAV systems for Indian end-users.

Israel-India flag

Separately, IAI said its Golan Industries Division, signed a memorandum of understanding with  Taneja Aerospace & Aviation Ltd., based in India’s southern state of Tamil Nadu, to cooperate in the development, production, marketing and sale of civil and military aircraft crashworthy-seats.

IAI also signed a memorandum of understanding to set up a joint venture with India’s Pune-based Kalyani Strategic Systems Ltd., the defense arm of Kalyani Group. As part of the accord, IAI and Kalyani will together aim to expand their activities in the Indian defense market and to build, market and manufacture air defense systems and ground-to-ground and ground-to-sea munitions, reports the Times of Israel.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries