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New Indian Order Brings Barak-8 Order Book to US$ 5 Billion

Thursday, April 6, 2017 7:50
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Defense-Update reports: Israel Aerospace Industries (IAI) and the Indian Ministry of Defense signed a contract worth US$1.6 billion today, for the supply of an unspecified number of Medium Range Surface to Air Missiles (MRSAM) for the Indian Land Forces. IAI signed today a second contract for the delivery of Barak 8 Long Range SAM (LRSAM) for the first locally built aircraft carrier – Vikrant. The new deals have increased the system’s total order book by 60 percent, to five billion.

Defense-Update.com provides a global coverage of military technology and defense news. Its monthly readership includes over 300,000 professionals worldwide



Source: http://defense-update.com/20170406_mrsam-3.html

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