State-owned Israel Aerospace Industries said today it has closed another major deal worth USD 630 million with India to supply advanced long range air and missile defence systems for four ships of the Indian Navy.
According to PTI, the deal, a major boost to the ‘Make in India’ campaign, will be jointly executed with the Indian government’s Bharat Electronics Limited (BEL), and comes close on the heels of Israel’s largest defence contract ever worth USD 2 billion to supply the Indian Army and Navy with missile defence systems.
IAI said the USD 630-million contract is for supplying Long Range Surface to Air Missile (LRSAM) systems. The LRSAM is a joint development by IAI and India’s Defence Research and Development Organisation. It comprises several key state-of-the-art elements, advanced phased-array radar, command-and-control system, launchers and missiles with advanced radio-frequency (RF) seekers.
The system provides the ultimate protection against a variety of aerial, naval and air borne threats. It is currently operational with the Indian Air Force, Indian Navy and Israel Defence Forces. The Indian Army is also likely to deploy it soon.
