GBP IAI Signs US$50 Million Deal With India | Global Business Press | GBP

Home- Defence & Security-IAI Signs US$50 Million Deal With India

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.

More Stories

With more than 25 years of experience in defence publishing, Global Business Press and its industry leading titles Asian Defence Technology, Asian Airlines & Aerospace and Daily News are the leading defence publications in the region, present at more international shows and exhibitions than any other competing publication in the region.

Popular Posts

2019 GBP all rights reserved by IPIX

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us