A joint venture (JV) called BEL IAI AeroSystems Private Ltd. has been formed by Israel Aerospace Industries (IAI), the countrys top aerospace and military business, and Bharat Electronics Limited (BEL), a Navratna defense PSU. The JV, which has its headquarters in Delhi, intends to operate as the only point of contact for MRSAM systems long-term product support for India's armed services. ..Read More