01-28-2004, 06:12 PM
http://headlines.sify.com/newheadlines/2359wnews1.html
Indian firm to make Israeli missiles
UNI
January, 28
In a major outsourcing agreement, Bharat Dynamics Limited would soon start manufacturing Israeli Rafael missiles at its Bangalore facility, a senior Israeli company official said today.
Lova Drori, Rafael Armament Development Authority Limited's head of the international marketing division, said that a memorandum of understanding was signed with Bharat Dynamic Limited during the visit of an Indian defence delegation towards the end of November, and they are very close to reaching an agreement.
Drori also said that Rafael was close to reaching an agreement with Bharat Electronics Limited (BEL) and Hindustan Aeronautical Limited (HAL) in developing communication systems and anti-missile system for helicopters.
Representatives of leading Indian defence companies, led by Atul Kirloskar from the CII, had presented their expertise in various fields during the visit and had called upon Israeli companies to outsource to Indian companies some of their requirements instead of European and other countries they have been relying so far.
Rafael Armament Development Authority Limited would participate in the forthcoming Defence Expo in Delhi and has combined with Indian companies, Tata and Medec, for presentation of its products.
Indian firm to make Israeli missiles
UNI
January, 28
In a major outsourcing agreement, Bharat Dynamics Limited would soon start manufacturing Israeli Rafael missiles at its Bangalore facility, a senior Israeli company official said today.
Lova Drori, Rafael Armament Development Authority Limited's head of the international marketing division, said that a memorandum of understanding was signed with Bharat Dynamic Limited during the visit of an Indian defence delegation towards the end of November, and they are very close to reaching an agreement.
Drori also said that Rafael was close to reaching an agreement with Bharat Electronics Limited (BEL) and Hindustan Aeronautical Limited (HAL) in developing communication systems and anti-missile system for helicopters.
Representatives of leading Indian defence companies, led by Atul Kirloskar from the CII, had presented their expertise in various fields during the visit and had called upon Israeli companies to outsource to Indian companies some of their requirements instead of European and other countries they have been relying so far.
Rafael Armament Development Authority Limited would participate in the forthcoming Defence Expo in Delhi and has combined with Indian companies, Tata and Medec, for presentation of its products.