Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy

State-owned Israel Aerospace Industries won an additional 630 million dollars contract to supply air and defence missile systems for four ships of the Indian Navy.

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Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy

In April Israel struck a deal worth almost $2 billion to supply missile defence systems to India


Tel Aviv:  State-owned Israel Aerospace Industries said today that it has won an additional, $630 million contract to supply air and defence missile systems for four ships of the Indian navy.

The contract will be carried out with Bharat Electronics Ltd, which serves as the main contractor in the project as part of India's "Make in India" policy.

Israel's Barak 8 long-range surface-to-air missile system was successfully tested last week aboard an Indian navy ship. During the trial scenario an airborne threat was identified and an intercepting missile was launched, which destroyed the target.

In April Israel Aerospace Industries struck a deal worth almost $2 billion to supply the Indian Army and Navy with missile defence systems. Israel is one of the top three arms suppliers to India.
 
© Thomson Reuters 2017


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