Bigger India
Israel Wins $777m India Contract For Missile Defence
Israel’s and India’s leaders have pledged to deepen ties and the countries have been increasing cooperation in fields like agriculture and advanced technologies.
State-owned Israel Aerospace Industries (IAI) has won an additional $777 million contract to supply LRSAM air and missile defence systems to seven ships in the Indian navy, the company said today.
The contract is with India’s state-owned Bharat Electronics Ltd (BEL), which is the main contractor in the project, IAI said.