IAI in New $630M Contract With Indian Navy

YERUSHALAYIM -
An LSRAM Launcher. (IAI)

Israel Aerospace Industries (IAI) announced Sunday that it had been awarded a $630 million contract for a new arms deal with India. IAI will supply long-range surface-to-air (LRSAM) missiles for four ships of the Indian Navy. For the first time, IAI will work with an Indian government company, Bharat Electronics Ltd. (BEL), the Israeli company said in a statement.

IAI’s LRSAM is an advanced air and missile defense system, a unique joint development by IAI and India’s Defense Research and Development Organization, the country’s premier R&D organization, IAI subsidiary ELTA, RAFAEL, and various Indian companies including BEL, L&T, BDL and other private Indian companies. The system comprises several key state-of-the-art elements, advanced phased-array radar (MFSTAR), command and control systems, launchers and missiles with advanced RF (radar) seekers. The system provides top protection against a variety of aerial, naval and airborne threats and is operational with the Indian Air Force, Indian Navy and Israel Defense Forces and (in the near future) with the Indian Army, IAI said.

The Indian Navy ran several successful tests of the system before making the purchase decision, the IAI statement added. Joseph Weiss, IAI president and CEO, said that “the new contract, in addition to other deals signed in the last decade by IAI with India’s defense forces, reinforces IAI’s global leadership position in air and missile defense systems. The inclusion of Indian government company BEL for the first time, is a step-up in our relationship with the Indian industry. This unique project represents the close collaboration between DRDO and between IAI and the defense forces of both countries.”