NEWS/ POLICY UPDATES
Indo-Israeli JV To Manufacture Loitering Munition in INDIA
Israeli UVision Air announced a joint venture with Indian Aditya Precitech to manufacture loitering munitions under the brand PALM (Precision Attack Loitering Munition) Hero Systems.
The JV, called AVision will explore various opportunities in India for Loitering Munitions Systems including the design, manufacture, sales, maintenance, support, upgrading, and lifecycle management. The partners will also maintain a supply of spare parts for the warranty and post-warranty periods for current and future versions of the smart munitions systems.
Commenting on the Joint Venture, Shane Cohen, VP Sales & Marketing at UVision and AVision Board Member, said, “We are very pleased to have partnered with Aditya, a highly respected company with extensive experience as development partner for many of India’s Defense Research and Development Organization’s (DRDO) most important projects”