Israeli defence company Meteor Aerospace said earlier this month that it has teamed up with Caspian Ship Building Company (CSBC) of Azerbaijan to jointly offer advanced defence solutions to meet the Eurasian country's national needs,Israel Defense reports.
The two companies are well positioned to offer a wide range of defence solutions with local support and unique advantages for Azerbaijan’s defence needs and industry. A new company named Caspian Meteor was established in Azerbaijan to implement this cooperation, Meteor said.
CSBC is a company whose portfolio already includes the region’s biggest joint program with Israeli companies, building military vessels in a shipyard near Baku.
Meteor has developed a wide range of defence systems including large UAVs with a maximum takeoff weight of 1400/700 kg; a fast manned/unmanned vessel with a maximum speed of 60 knots; a long-range, electrically-powered unmanned ground vehicle; and precision strike missiles with extended-range loitering and long-range heavy strike capability, according to the company.
Meteor was founded in 2013 by Itzhak Nissan, who is the company’s Chairman and CEO. He was previously the CEO and President of Israel Aerospace Industries (IAI), and he has over 30 years of experience and leadership in the Israeli and the international defence and aerospace markets. Nissan led the initiation, development and realisation of major systems, including attack and defence missiles, mission aircraft, satellites, ballistic missile interceptors, and radars. Many of these projects included international cooperation, the company said.