Israel’s IAI inks defence pact with Kalyani Group

NEW DELHI: Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd (KSSL) today signed a deal for setting up a facility in Hyderabad for maintenance of advanced air defence systems.

            The two companies have also agreed on expanding their joint operations for development, manufacturing and marketing of precise ammunition systems, KSSL, a subsidiary of Bharat Forge Limited, said in a statement.

            In February 2017, IAI had inked an MoU with Kalyani Strategic Systems to set up a joint venture to manufacture air defence systems for the Indian Air Force. (AGENCIES)