The Indian Defense Ministry and Israel Aircraft Industries (IAI) have signed an industrial cooperation agreement that could be worth up to $2 billion in business for Israel. The package deal includes some or all of the following: the sale of three Phalcon early-warning aircraft, the upgrading of Indian Air Force planes, the production of Barak naval surface-to-surface missiles, the development of the Super Barak missile, the sale/production of unmanned aerial vehicles and the Green Pine radar system. An additional deal being discussed is the upgrading of Indian T-72 main battle tanks, in which four Israeli firms may join forces.
India Buys Israeli Arms Technology
The Indian Defense Ministry and Israel Aircraft Industries (IAI) have signed an industrial cooperation agreement that could be worth up to $2 billion in business for Israel. The package deal includes some or all of the following: the sale of three Phalcon early-warning aircraft, the upgrading of Indian Air Force planes, the production of Barak naval surface-to-surface missiles, the development of the Super Barak missile, the sale/production of unmanned aerial vehicles and the Green Pine radar system. An additional deal being discussed is the upgrading of Indian T-72 main battle tanks, in which four Israeli firms may join forces.