GBP IAI Signs US$50 Million Deal With India - GBP

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IAI Signs US$50 Million Deal With India

Israel Aerospace Industries (IAI) has signed a US$50 million follow-up agreement to give  complementary naval medium range surface-to-air missile (MRSAM) systems to the Indian Navy.

“Under the contract, IAI will provide complementary systems for the air defense system (ADS). The deal involves follow up order for a range of maintenance and other services for various sub-systems of IAI’s advanced MSRAM ADS,” an IAI statement says, adding that the contract was entered with the Indian Navy and MDL Shipyard.

Boaz Levi, Executive Vice President and General Manager of Systems, Missiles & Space Group says, “IAI’s partnership and strong relationship with the Indian Navy is reflected in all activities with our partners in India. Only recently we have successfully completed a multi-system trial in India that demonstrated the advanced technological centralized management capabilities of the air defense system to the utmost satisfaction of our Indian partners. This contract is a breakthrough as it advances us from system development and delivery to looking after the operational needs of our customers.”

MRSAM provides broad as well as topical defence against a range of assault air, marine and ground threats and comprises several key state-of-the-art systems, including a digital radar, command and control, launchers, and interceptors with advanced homing seekers.

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