World

Israel to build five artillery munition plants in Bihar, India.

by israeli.agent | April 5, 2009 at 09:53 pm

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Israel Militariy Industries Ltd. also known as Taas , the manufactures of popular fire arms like Uzi submaching gun, Landmine clearing systems, flared and small and heavy ammunition is building five artilary ammunition plants in Bihar, India. This project is planned to complete in three years.

IMI produces other defencive products like armour packages, aircraft counter measures like flares, decoys and ECM systems.They are one of the biggest manufactured of military hardware for Israeli Defence Forces (IDF).

Fortunately for many Indians, IMI is not yet produced any Bollywood styled song-dance based advertisements as done by another Israeli firm Rafael....!!!

The munitions factories will be built by the Israeli Military Industry (IMI) on the line of its ordnance factory in the Tel Aviv suburb of Ramat Hasharon, business daily 'Globes' reported.

The Israeli defence industry said that the contract was the result of its collaboration with Indian Government's Ordnance Factories Board (OFB).

IMI will be the chief contractor in the deal and will use Israeli and Indian firms as subcontractors.

The state-owned Israeli firm reported $660 million in sales last year, 16 per cent more than in 2007.

The firm's CEO Avi Felder said the global economic crisis would change the procurement pattern by the world's leading militaries, which would switch to upgrading existing weapons platforms on short timetables instead of massive investment in new facilities that would take a long time to develop and deliver.