Missile Defense System: Public sector undertaking Bharat Electronics Limited (BEL) and Israel's leading aerospace and defense company Israel Aerospace Industries (IAI) have announced the formation of a Joint Venture Company (JVC). Its name will be BEL IAI Aerosystems Private Limited. Bengaluru-headquartered BEL said in a statement on Thursday – This joint venture company with its registered office in Delhi is a single entity to provide long-term product support to the medium-range surface-to-air missile (MRSAM) systems of the Indian Defense Forces. Point of Contact (SPOC).
Both companies are collaborating on many joint programs for the armies.
“This partnership is another important step towards strengthening the relationship between the two companies, who have a long history of collaboration on strategic programs,” the statement said. BEL and IAI are collaborating on several joint programs for the three services.'' BEL said the joint venture company has been set up to provide technical and maintenance support to the country's MRSAM air defense systems. The company formed under the joint venture will benefit from the capabilities of both IAI and BEL. This is in line with the Government of India's vision of self-reliant India.
What is MRSAM system?
MRSAM is an advanced path breaking air and missile defense system. It provides protection against many types of aerial threats. It was jointly developed by IAI and DRDO for the Defense Forces of India and is currently used by the Indian Air Force, Indian Army, Indian Navy and also by the Israeli Defense Forces. The system comprises an advanced faceted array radar, command and control shelter, mobile launchers and an interceptor with an advanced RF seeker.
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