Mahindra ties up with Israeli co

Mahindra Aerostructures has entered a manufacturing tie-up with Elbit Systems-Cyclone, a wholly owned subsidiary of Israeli defence major Elbit. Under an MoU signed at the Paris Air Show recently, Cyclone is to source content for its work packages from Mahindra, and the two companies will also work on new opportunities, Mahindra said in a statement. The Indian major currently operates an aerostructures manufacturing facility near Bengaluru, producing parts for its global customer base.