The Bharat Electronics Limited operating under the defence ministry recently signed a Memorandum of Understanding with the Israel Aerospace Industries (IAI) at the Aero India Air Show.

• According to the agreement, BEL and IAI will establish a joint venture. The JV will provide support to the missile defence system of the country.
• The JV will produce advanced phased array radar, interceptors, launchers, etc. These are all the supporting systems of a missile. The JV will mainly focus on MRSAM.
• MRSAM is Medium Range Surface to Air Missile. It was jointly developed by DRDO and IAI.