Click
here to SIGN COAT's online PETITION now! Stop CPP investments in firms selling military, police, spy or prison-related products to Israel |
||||
|
||||
Bharat Electronics Ltd. |
Canada Pension Plan (CPP) Investment in 2011 = $1 million |
|
This is the online version of |
|
Take action! |
||||
The close military links between India and Israel are exemplified by partnerships, joint ventures and contracts between Bharat and some of Israel’s largest war industries. (1) Rafael: In 2008, Bharat announced a joint venture with Rafael. (See "State-owned Israeli War Industries.") They agreed to jointly produce "missile electronics and guidance technologies." In 2010, India Defence Online noted that the "joint venture will produce missile seekers or ‘Homers’ for both the country’s needs." These homing devices, for use by the Indian and Israeli militaries, are guidance systems used in interceptor missiles. These radar systems control "the core actions of the missile" such as the "detection of enemy targets." They also guide "the missile to destroy the target." Bharat holds 74% in the venture, while Rafael owns the rest. (2) Israel Aerospace Industries (IAI): Bharat is making subsystems for Unmanned Aerial Vehicles built by Malat, a subsidiary of state-owned IAI. Another Bharat-IAI project was to upgrade India’s Schilka tank weapon system, including its radar, weapons-firing systems, engines, optronics and displays. (See "State-owned Israeli War Industries.") (3) NICE Systems: Bharat is the "strategic partner" and "prime contractor" for this Israeli "homeland security" company on a "video surveillance" system which uses "advanced video analytics" and "multimedia incident information management." (See NICE Systems in table "CPP Investments.") (4) Elisra Electronics: Bharat and Elisra, a subsidiary of Israel’s largest war industry, Elbit Systems, are working together on "various airborne electronic warfare programmes." (5) Aryt Industries: Bharat has a ten-year cooperation agreement with this Israeli military electronics and electro-optical equipment maker. The joint project will supply one million electronic artillery fuses for India. While some of these relationships between Bharat and Israeli military firms serve primarily to promote Israel’s export of weapons systems to India, there are spin-off effects which build the capacity of Israel’s war industries to meet the needs of their own government’s military forces. |
|
|||
COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
prison-related products. To read COAT's research on the first half of these 68 companies, click the pdf links below to see the print version of Issue 66. Or, click each company name for the web version.) (Articles on the second set of 34 companies are in Issue #67 of Press for Conversion!): |
||||
pdf 3M Co pdf Amdocs Ltd pdf Analog Devices Inc pdf AT&T pdf BAE Systems pdf Bank Hapoalim pdf Bezeq pdf Bharat Electronics Ltd pdf CAE Inc pdf Carlyle Group pdf Caterpillar Inc pdf Cellcom Israel pdf Cemex pdf Cisco Systems pdf CRH plc pdf Daewoo Engineering & Construction pdf Daimler AG pdf Delek Group pdf Dell Inc pdf Discount Investment Corp pdf Doosan Corp pdf Eaton Corp pdf Elbit Systems pdf EMC Corp pdf Evraz Group pdf Fiat Industrial pdf Fiat SpA pdf Finmeccanica pdf Fujitsu Ltd pdf Hewlett-Packard Co pdf Hitachi Ltd pdf Honeywell International pdf Hyundai Motor Co pdf Hyundai Heavy Industries Additional resources from this issue: Israeli Spy Companies: Verint and Narus
State-owned Israeli War
Industries:
Vertex Venture Capital:
Table listing
CPP Investments worth $1.5
billion
in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.
Social Networking - Facebook |
||||
Top 100 Defense Contractors, Defense News Rafael and BEL agree to set up JV, Feb. 16, 2008. Bharat Electronics & Rafael to Forge Tie-up for Missile
Seekers, April 27, 2010. "BEL records Rs.4114 cr turnover," April 30, 2008. "BEL signs term sheet, MoUs at Defexpo 2008," February 21,
2008. Notice to Shareholders, September 1, 2009. "TEXT-Nice Systems gets India deal worth over $5 mln,"
Reuters, May 24, 2010. "Electronics co Aryt progresses in India Army bid," Globes,
March 24, 2010. |