IAI agreement with Dynamatic Technologies and Elcom Systems for UAVs
SLEW OF INDIA-ISRAEL JOINT VENTURES
During the visit of Prime Minister Modi to Israel, Israel Aerospace Industries Ltd. ( IAI), Dynamatic Technologies Ltd ( DTL) and Elcom Systems signed an agreement on production, assembly and support of UAVs in India. The co-operation agreement supports the existing infrastructure in India for current MRO (Maintenance Repair and Overhaul) programmes, while advancing the Indian government’s ‘Make in India’ initiative. The co-operation between the three companies will provide the best solution for the Indian armed forces, based on the transfer of state of the art UAV technology and production capabilities from IAI to DTL and Elcom, in order to enable indigenous capability for UAV systems.
Seen on the right are Shiv Vikram Khemka, Elcom Systems Private Ltd., Joseph Weiss, IAI’s President and CEO, Udayant Malhoutra, CEO & Managing Director Dynamatic Technologies.