India is considering purchase of Israel’s Spike anti-tank guided missiles (ATGMs) through the government-to-government (G-to-G) route, two months after it decided to cancel a deal to procure the weapons.
In November, the defence ministry had decided to retract the process to acquire a batch of Spike missiles from Israeli firm Rafael Advanced Defence Systems, a deal which would have been worth $500 million, after the Defence Research and Development Organization (DRDO) expressed confidence of producing the indigenous Nag ATGM.
Israel’s Rafael also issued a statement after it received an official notification from India's Ministry of Defence about cancellation of the deal.
But the official sources told PTI on Wednesday that the government is now examining the possibility of purchasing the missiles from Israel through the G-to-G route like it did in sealing the deal for procuring 36 Rafale jets from France.
Official sources further said the proposal to acquire the missile system from the Israeli firm faced hurdles when it apparently expressed reservations in ensuring full transfer of technology as per the provisions of the 'Make in India' initiative.
India's Kalyani group and Israel's state-run Rafael Advanced Defence Systems had commissioned Rs 70 crore production facility near Hyderabad in August last year, anticipating that the Israeli firm would bag the contract.
Israeli Prime Minister Benjamin Netanyahu is scheduled to visit India next week and ways to further deepen the already close defence ties between the two countries may figure during his talks with Indian leaders here, the report added.
The Indian defense ministry has officially cancelled a $500 million deal to buy Spike anti-tank guided missiles from Israeli Rafael. “Rafael has received an official statement from the Indian Ministry of Defense on the cancellation of the Spike missile deal,” read a statement from the company, adding that it had been canceled before the signing of the contract and despite the company fulfilling all of the necessary requirements,
The Indian defence ministry has decided to scrap a $500 million deal with Israel to procure Spike Anti-tank Guided Missiles (ATGM) and will ask Defense Research and Development Organization (DRDO) to develop and produce Man-Portable Anti-tank Guided Missile (MPATGM) for the Army. “DRDO has successfully produced the Nag and Anamika ATGMs
India and Israel are close to signing a deal for Spike Anti-Tank Guided Missiles (ATGM) worth an estimated INR3200 Crore (US$500 million approx). The deal is expected to be on the anvil when Indian Prime Minister Narendra Modi visits Israel next month
Latvias Defense Ministry will sign a €108 million contract to buy "Spike" anti-tank missiles from Israeli manufacturer Rafael on February 12, local media reports Monday. According to
India is likely to restart the $500 million Spike Anti-Tank Guided Missile (ATGM) deal from Israeli firm Rafael it had cancelled before signing the deal earlier this month. Following the visit of Israeli Prime Minister Benjamin Netanyahu to New Delhi, the deal is likely to be reconsidered after India cancelled it after state-run Defence Research and Development Organization (DRDO) had expressed confidence of producing the indigenous Nag ATGM barely two weeks before Netanyahus visit
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