The Comptroller and Auditor General (CAG) of India has signed an MoU with the Supreme Audit Institution (SAI) of Israel to strengthen cooperation in public sector auditing.
The Comptroller and Auditor General (CAG) of India has signed an MoU with the Supreme Audit Institution (SAI) of Israel to strengthen cooperation in public sector auditing.
The Nibe Group has signed a Joint Venture (JV) with Israel-based Elbit Systems to establish manufacturing facilities for advanced energetic materials and propellants in India.
The JV will manufacture products including Nitro Cellulose, Nitro Glycerine, and various propellant bases like single base, double base, and triple base.
India has successfully conducted consecutive trials of the “Suryastra” Universal Rocket Launcher system from the Integrated Test Range (ITR) in Chandipur, Odisha. The system is developed by Pune-based NIBE Ltd (NIBE) in collaboration with Elbit Systems, Israel.
The demonstration was carried out as part of a ₹293 crore Indian Army (IA) procurement order under the Emergency Procurement window. The Tactical Variant of the system has a range of 150 km and achieved a Circular Error Probable (CEP) of 1.5 m, while the Strategic Variant has a range of 300 km and achieved a CEP of 2 m.