India Signs $777 Million Missile Defense Deal with Israel
on October 26, 2018
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India has signed a $777 million missile defense deal with Israel, Indian newspapers report. State-owned Israel Aerospace Industries (IAI) will supply Long-Range Surface-to-Air Missiles (LR-SAM) for the Indian Navy.
The deal is another milestone in Israel-India defense cooperation. Barak 8, as the missile defense system is known, is a joint venture of IAI and India's defense research agency DRDO. Bangalore-based company Bharat Electronics (BEL) will manufacture key components for the project, Israeli business daily Globes reported. Earlier this year, Barak 8 was successfully tested aboard an Indian navy ship, Indian media reports said.





