Haim Stepler, CEO, Reshef Technologies, Israel, exchanging the MoA documents with Suresh Kumar KV, Director (Marketing), BEL, in the presence of Patrick Adry, Advisor, Reshef Technologies, and other Directors of BEL - Bhanu Prakash Srivastava, Director (Other Units), Vikraman N, Director (HR) and Damodar Bhattad, Director (Finance).
Navratna Defence PSU Bharat Electronics Ltd (BEL) and Reshef Technologies, Israel, have signed a Memorandum of Agreement (MoA) to execute a Long Term Make in India (LTMII) contract, aimed at the indigenous manufacture of Electronic Fuzes.
The objective of the agreement, announced at Aero India 2025, is to execute a 10-year LTMII contract for production of Electronic Fuzes in the country, thereby addressing the mandated indigenisation requirements of the Indian Army. The MoA will enable BEL to achieve 100 per cent indigenisation in the manufacture of Electronic Fuzes.
