BEL and IAI Join Forces for MRSAM Support with New Joint Venture
The entity, named BEL IAI AeroSystems Private Ltd., will provide comprehensive support for the Medium Range Surface-to-Air Missile (MRSAM) systems in India.
The entity, named BEL IAI AeroSystems Private Ltd., will provide comprehensive support for the Medium Range Surface-to-Air Missile (MRSAM) systems in India.
The announcement was made during the 10th edition of the India Suppliers Conference held in Bengaluru and inaugurated by Priyank Mallikarjun Kharge, Karnataka’s Minister for Information Technology and Biotechnology.
The missile intercepted a high-speed aerial target, flying at a very low altitude and simulating a sea-skimming threat, which showcased its precision and capability to neutralise targets.
The announcement, being seen as a significant step in enhancing India’s defence and aerospace capabilities, came weeks after Defence Minister Rajnath Singh travelled to the US during which both sides vowed to further boost overall defence ties.
Classified as a Medium Altitude (15,000 feet) Long Endurance (MALE) Unmanned Aerial Vehicle (UAV), the FWD 200B is equipped with optical payloads for surveillance and missile-like weapons for air strikes and bombing, the FWDA Founder and CEO Suhas Tejaskanda told reporters.
This surge followed the Cabinet Committee on Security’s (CCS) approval of a ₹26,000-crore proposal for the procurement of 240 AL-31FP aero-engines for the Indian Air Force’s (IAF) Su-30 MKI aircraft.
Space Zone India has undertaken various projects under Mission RHUMI for the last two years.
The Akash Missile System is a surface-to-air missile system designed to intercept and destroy enemy aircraft at low, medium, and high altitudes. It has proven to be a highly reliable defence mechanism, bolstering India’s defence capabilities and now attracting international buyers.
Long-standing investors StartupXseed Ventures and Navam Capital also participated.
The ministry confirmed a 16.7 per cent growth from the previous year’s figure of Rs 1,08,684 crore.