Cooperation Agreement with DTL on Mini-UAVs
Israel Aerospace Industries (IAI) and Dynamatic Technologies Ltd (DTL) have announced today their cooperation to jointly address the needs of the Indian UAV market. This announcement followed a significant milestone with both companies signing a cooperation agreement regarding the production, assembly, and support of mini-UAVs in India, at the Aero India exhibition currently underway in Bangalore.
The agreement encompasses the transfer of technology and production capabilities from IAI to DTL to enable the indigenous capability for mini-UAV systems for the benefit of Indian end-users and in support of the Indian government's "Make in India" initiative.
Shaul Shahar, IAI EVP and General Manager of IAI's Military Aircraft Group, said, "India is one of IAI's main strategic customers; hence our relationship with Indian users, customers, and companies is critical. It is, therefore, our intention to transfer a significant part of our UAV activity to India in the near future, in accordance with the "Make in India" policy. We are delighted to join our new partner DTL and jointly offer best-of-breed solutions for India."
According to Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies, “This partnership with IAI has the perfect elements essential to build a UAV enterprise in India, under the Government’s 'Make in India' initiative. Dynamatic already manufactures major complex assemblies for global OEMs, and we have already built a robust supply-chain ecosystem in India. This is the foundation upon which the industrialization of world-class UASs will be developed.”
Joint Venture with Kalyani Group to Manufacture Specific Air Defense Systems
IAI and Kalyani Strategic Systems Ltd. (KSSL), the defense arm of Kalyani Group, signed a Memorandum of Understanding (MOU) to incorporate a Joint Venture Company (JVC) in India. As part of the MOU, IAI and KSSL are aiming to expand their presence in the Indian defense market and to build, market, and manufacture specific Air Defense Systems and lightweight special purpose munitions.
The MOU is the first step of a process to establish a JVC between the two companies. The JVC will integrate strategic defense systems for the Indian MOD in accordance with the Indian Government’s ‘Make in India’ policy.
"We are excited to announce the next step in our partnership in India, one of IAI's leading markets," said Joseph Weiss, IAI's President and CEO. "This collaboration brings together the manufacturing and technology excellence of two leading companies and we hope we can continue with our partners at KSSL to spread our footprint in India and to continue our vast work with the 'Make in India' policy."
Baba Kalyani, Chairman Kalyani Group said, “The joint venture company will combine IAI's advance technology, knowledge and experience as an OEM with world class design, development and manufacturing capabilities of the Kalyani Group. The joint venture will provide indigenously manufactured solutions in niche technology areas of defense sector, thereby furthering the ‘Make in India’ initiative of the government."
MOU with Taneja Aerospace & Aviation (TAAL) to Manufacture Civil and Military Aircraft Crashworthy-Seats
Through its Golan Industries Division, IAI and Taneja Aerospace & Aviation Ltd. (TAAL) of India have signed a Memorandum of Understanding (MOU) to cooperate in the development, production, marketing and/or sale of civil and military aircraft crashworthy-seats.
IAI's Golan Industries Division has over 30 years of experience in the development and manufacture of crashworthy-seats solutions for civil and military aircraft, and TAAL is a pioneer in India's aviation industry, having manufactured aircraft as well as aircraft parts. The MOU is in accordance with the Indian Government’s "Make in India" initiative, and includes collaboration between both companies in the production and marketing of civil and military aircraft crashworthy-seats, to be manufactured in India. In addition, the parties will explore the possibility of working with TAAL as an IAI subcontractor, to manufacture certain crashworthy-seat parts for current IAI production lines, and will also implement the joint development of a new generation of products.
Salil Taneja, Chairman, Taneja Aerospace and Aviation Ltd., said, "It is a great privilege for TAAL to be associated with IAI. TAAL believes that there is a growing market in India for Golan Industries' products. Golan Industries' product range fits in extremely well with TAAL’s manufacturing capabilities, as well as with TAAL’s strategy for venturing into specialized products for the aviation industry. TAAL is looking forward to a very fruitful and growing relationship with IAI."