India is keen to sign multi-billion-dollar defence deals with Israel for anti-tank missiles, drones and other defence equipment, during Prime Minister Narendra Modi’s visit expected to be in mid-2017.
The stalled purchase of hundreds of anti-tank guided missile Spike is expected to get a fresh lease of life from the Cabinet Committee on Security under a $1-billion purchase plan in the next few days.
Last month India went ahead with purchase of Spike missile despite the single bid situation. India’s defense procurement policy does not allow such purchase where only one company is eligible for tender.
But the Indian government is keen to sign the contract with Israeli firm Rafael Advanced Defense Systems as it has agreed to transfer technology for the missile under Make in India project whereas contract may be signed for building 1,500 systems and around 30,000 additional missiles in India.
In May 2016, India had finalized price negotiations for 275 launchers and 5,500 Spike missiles and kit form.
The Indian government is also considering a proposal to buy combat UAVs Heron TP made by Israel. India may approve the purchase if Israel agrees to transfer technology to India under the Make in India project.
Israel Aerospace Industries (IAI) had announced a new export-version of Heron TP on February 9, 2017.
Israel Aerospace Industries has changed the capacity of Heron TP for countries that are members of Missile Technology Control Regime (MTCR). The export version of Heron TP can carry a payload of 450 kg. India became the 35th MTCR member last June.
According to a study published by Stockholm International Peace Research Institute (SIPRI) in its annual nuclear forces data, Pakistan still has higher number of nuclear warheads than India and also beats Israel and North Korea. The report comes just days after disgraced nuclear scientist AQ Khan, father of Pakistan's nuclear programme, claimed that the country had the ability to hit India in five minutes
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Israels Innocon has won a order from an Indian law enforcement agency to deliver its Micro Falcon unmanned air vehicle. The manufacturer has teamed with an Indian partner, complying with the terms of New Delhi's "Make in India" procurement policy, Innocon's chief executive Zvika Nave was quoted as saying by
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