India is likely to finalize a $500 million government to government deal with Israel for the purchase of 4500 Spike anti-tank guided missiles for the army during the Israeli official’s visit to New Delhi.
If approved by the Indian government, the Israeli defense ministry director-general Udi Adams is expected to sign the agreement during his visit in India next week, Hindustan Times reported quoting Indian defense ministry officials and Israeli diplomats as saying Wednesday.
The deal was initially conceptualised as one with a significant “Make in India” component. That component has now been reduced on grounds of commercial consideration, the news daily reported.
Udi Adams arrives in India on July 2 and leaves a day later after holding meetings with his counterpart Sanjay Mitra; he is also expected to pay a courtesy call to defence minister Nirmala Sitharaman.
Rafael was selected as a winner for the Indian Army’s tender to procure more than 8000 Spike ATGMs which included manufacture of 3000 of the missile systems in India under the ‘Make in India’ program.
The procurement was changed to the government-to-government route after Israeli Prime Minister Benjamin Netanyahu visited India this January. The contract has now been revised to direct purchase of 4500 weapon systems with a small quantity being manufactured in Hyderabad.
Rafael has a tie-up with Indian Kalyani Group and it also opened a production facility in August last year near Hyderabad.
While Israeli diplomats insist that the agenda for Adam’s trip is global defence and security related issues, India will also discuss the possible purchase of two more PHALCON-AWACS for the air force from Israel. This state-of-the-art radar with deep penetration capability is mounted on the Russian IL-76 platform and is expected to cost around $1 billion. India already has three of these advance warning and early detection planes which can look deep into enemy territory. The other military hardware deal on the agenda would be manufacture of TAVOR-21 assault rifles for the Indian security forces under the “Make in India route”.
Israels Rafael Advanced Defense Systems Ltd announced over $193 million worth contract to supply its TROPHY missile defense system to the US Army. The Trophy active missile defense system, developed by Rafael, is designed to protect tanks and other armored vehicles from missiles, rockets, and other projectiles
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,
Israels Rafael Advanced Defense Systems is offering its Trophy Active Protection System and Spike missiles for Australias LAND 400 armored vehicles program and plans to open a local company in the country. “In order to meet the anticipated demand, Rafael will be opening a local company in Australia to jointly produce the SPIKE missiles with Australias Varley and will be purchasing metal for various system from Australia's Bisalloy Steel Group,” the company announced on Monday
Rafael has opened a missile manufacturing plant in India along with its Indian partner Kalyani Strategic Systems. The factory would manufacture Spike anti-tank missiles which are part of half a billion dollar deal with India, the company said in a statement Thursday
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The Indian Defense Acquisition Council (DAC) has cleared a $5.5 billion agreement to purchase S-400 air defense missile systems from Russia despite US opposition to the deal
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India will be soon inducting the first batch of its Intercontinental Ballistic Missile, Agni-V. The missile systems will be inducted into the Strategic Forces Command (SFC), Official Sources were quoted as saying by PTI Sunday
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