Israel Aerospace, India's Tata sign defence contract

JERUSALEM (Reuters) - Israel Aerospace Industries (IAI) and Indian conglomerate Tata Group signed an agreement on Tuesday to cooperate on the development, manufacturing, marketing and support of defence products in India.

The cooperation agreement between state-owned IAI and Tata Advanced Systems Ltd (TASL) covers a range of defense and aerospace products, including missiles, unmanned aerial vehicles (UAVs), radars, electronic warfare systems and homeland security systems, IAI said in a statement.

Terms of the deal were not disclosed.

"This agreement reflects IAI's evolving relationship with India and with the Indian industries," said IAI President and Chief Executive Officer Itzhak Nissan in the statement.

"India is a leading market for IAI, and partnerships with Indian industries are part of our long-term strategy," he said.

(Reporting by Avida Landau)