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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
TEL AVIV, Israel, Dec. 11 (UPI) -- Israeli and Indian companies have signed a memorandum of understanding for joint development of naval air defense systems.
Israel Aerospace Industries Ltd. and Bharat Electronics Ltd. India signed the agreement for cooperation on Long Range Surface-to-Air Missile systems this month, a result of previous cooperation on manufacturing various subsystems for Indian military forces.
Under the MOU, BEL will be lead integrator and producer of major LRSAM subsystems. IAI will act as the design authority and produce subsystems as a main subcontractor of BEL.
"This MOU is a significant step forward in our joint work with India," IAI President and Chief Executive Officer Joseph Weiss said. "Partnership with BEL will further enhance IAI's ability to provide high-quality solutions and service to Indian defense services, best supporting the needs of India.
"BEL is a strategic partner for IAI and we hope this cooperation will expand to other areas of mutual interest."
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| Additional Security Industry Stories | |
ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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