In an announcement, Israel Aerospace Industries (IAI) said that it has singned up a USD 2 billion contract with India to supply it with advanced medium-range surface-to-air missile systems (MRSAM) to India.
Even IAI has also stated that it will supply additional long-range air and missile defence systems. As per IAI Chief Executive Officer (CEO) Joseph Weiss, “The current contracts represent an enormous expression of confidence by the government of India in IAIs capabilities and advanced technologies, which are being developed with our
local partners as part of the Indian governments Make in India policy “.
President Reuven Rivlin told IAIs CEO, “Please pass on my congratulations to all who contributed to this important achievement. You have come such a long way to arrive at this point, it is truly exceptional”.
Source : News18