Israel Aerospace Industries (IAI) has recently announced its acquisition of HELA Systems Private Limited, a subsidiary of ELTA Systems Ltd. based in India. This strategic move by IAI demonstrates its support for India’s Atmanirbhar Bharat (Make in India) vision and highlights its commitment to the partnership with India’s Defence Research and Development Organization (DRDO) in developing advanced systems for the Indian Armed Forces.
Under the agreement, HELA Systems will provide comprehensive maintenance, repair, and overhaul support for ELTA Systems, along with testing and technical services such as annual maintenance contracts and spare parts supply to Indian defence customers.