KATHMANDU, March 24: The Nepal Airlines Corporation (NAC) has demanded compensation from Israel Aerospace Industries (IAI), a maintenance and repair company, stating that the company did not honor the aircraft maintenance contract as per the agreement.

TEHRAN, Oct 25: Israel’s main firm in developing military and commercial aerospace technology says it has won a $777 million contract to supply Barak 8 long-range surface-to-air missile system (LRSAM) air and missile systems to seven ships in the Indian navy.