IAI to Collaborate With India-Based Aerospace and Defense Contractors
As part of the deal, Israel Aerospace Industries and the Indian government will work together to promote the production of Indian UAVs
Defense contractor Israel Aerospace Industries Ltd. (IAI) has signed a memorandum of understanding (MoU) with India-based aerospace and defense manufacturer Hindustan Aeronautics Ltd. and Dynamatic Technologies Ltd., IAI announced Wednesday. As part of the agreement, IAI and the Indian government will work together to promote the production and capability of Indian unmanned aerial vehicles (UAVs). The financial terms of the deal were not disclosed.
IAI CEO Nimrod Sheffer. Photo: Kfir Ziv