Israel Aerospace Acquires India’s HELA Systems
Israel Aerospace Industries (IAI) has signed a deal to acquire HELA Systems Private Limited, an Indian subsidiary of ELTA Systems Ltd.
HELA will provide full Maintenance, Repair and Overhaul product support for ELTA Systems, as well as testing and technical services including annual maintenance contracts and supply of spares to Indian defence customers. The company has a large facility in Hyderabad’s industrial belt. HELA’s management and technical team comprise radio frequency and microwave specialists, familiar with cutting-edge technologies and working on futuristic military applications.
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