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.

Read it at MEM

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