IAI Signs Another Significant Deal in India:
Will Supply $ 630 million Worth of LRSAM Air & Missile Defense Systems to Indian Government Company BEL
May 21, 2017 – Israel Aerospace Industries (IAI) announced today it has been awarded an additional, $630 million- contract for supply of LRSAM air & missile defense systems for four ships of the Indian navy. The contract will be carried out, for the first time, with Indian government company BHARAT ELECTRONICS LIMITED )BEL), which serves as the main contractor in the project as part of India’s “Make in India” policy. Prior to signing the contract, the System was successfully tested last week in India as part of operational interception trial aboard India’s navy ship, demonstrating again the System’s operational capabilities in a representative scenario with genuine target.
