Hindustan Aeronautics signs MoU with Israel Aerospace Industries & Dynamatic Technologies

To collaborate on Unmanned Ariel Vehicles in India

Feb 05, 2020 08:02 IST capital market

Hindustan Aeronautics, Israel Aerospace Industries (IAI) and Dynamatic Technologies signed a memorandum of understanding for marketing, manufacturing and selling of IAIs unmanned ariel vehicles to Indian potential customers such as Indian Defence Forces, Paramilitary Forces and Central Armed Police Forces at DefExpo 2020.

HAL as a long-time partner of IAI is involved in the depot level maintenance of all the MALE and Short Range class of UAVs supplied by IA1 to the Indian Defence Forces since 2004. Taking the HAL-IAI collaboration one step ahead, under the scope of this MoU, this partnership would be the first in country to manufacture IA1 designed UAVs in India like Short Range Tactical class having long endurance. This collaboration will enhance technology sharing and business partnership between India and Israel.

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