Israel Aerospace Wins $777 Million India Contract for Missile Defense

(Reuters) Israel Aerospace Industries (IAI) has won an additional $777 million contract to supply Barak 8 air and missile defense systems to seven ships in the Indian navy, the company said on Wednesday. Last year, IAI struck a deal worth almost $2 billion to supply India's army and navy with missile defense systems. This was followed by a $630 million contract to supply Barak 8 surface-to-air missile systems for four ships in the Indian navy.


2018-10-25 00:00:00

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