Israel signs $630-mln defence deal with India

<p dir="ltr"></p> <p dir="ltr"><img src="http://img.apusapps.com/news/lock/20170522/b83d62d4df60ac99d63f10d994f75b07.webp"></p> <p dir="ltr">Israel said it had reached a deal worth $630-mln to provide India navy with missile defence systems.</p> <p dir="ltr">JERUSALEM (AFP) - Israel announced Sunday it had reached a deal worth $630 million to provide India s navy with missile defence systems, following a record weapons sale between the two countries last month.</p> <p dir="ltr">The new contract will see state-owned Israel Aerospace Industries supply LRSAM air and missile defence systems for four Indian naval ships, a statement from the company said.</p> <p dir="ltr">IAI said the contract will be carried out with India s Bharat Electronics Limited, which will be the project s main contractor.</p> <p dir="ltr">"The new contract adds to other deals signed in the last decade by IAI with India s defence forces, reinforcing IAI s global leadership position in air and missile defence systems," IAI president and CEO Joseph Weiss said in a statement.</p> <p dir="ltr">LRSAM is an advanced air and missile defence system, jointly developed by IAI and India s Defence Research and Development Organisation.</p> <p dir="ltr">In April, IAI said India will buy nearly $2 billion worth of weapons technology from Israel in what was described as the "largest defence contract" ever signed by the military exporting giant.</p>

india world Israel signs $630-mln defence deal with India

Israel said it had reached a deal worth $630-mln to provide India navy with missile defence systems. JERUSALEM (AFP) - Israel announced S...

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