IAI Signs Contracts in India Worth almost $2 Billion
Over $1.6 billion contract for MRSAM Air & Missile Defense System for the Indian Army is considered to be the largest defense contract in Israel's Defense Industries' history
IsraelDefense | 6/04/2017



Israel Aerospace Industries (IAI) announced today (Thursday) that the company has been awarded contracts in India totaling almost $2.0 billion. In a mega-contract worth over $1.6 billion, considered to be the largest defense contract in Israel's Defense Industries' history, IAI will provide an advanced MRSAM air & missile defense systems to the Indian Army.

The company will also supply additional LRSAM air & missile defense systems for the Indian aircraft carrier.

MRSAM is an advanced air and missile defense system that provides protection against a variety of aerial threats. In its existing version, MRSAM is operational with the Indian Air Force, Indian Navy and Israel Defense Forces (IDF). The system includes an advanced phased-array radar, command and control, mobile launchers and missiles with advanced RF seekers. MRSAM was developed jointly for the Indian Army by IAI and India’s Defense Research and Development Organization (DRDO) in collaboration with Rafael and IAI/ELTA, and worked with various Indian companies including BEL, L&T, BDL and other private vendors.

Joseph Weiss, IAI’s President and CEO, said: "Over the past 25 years, IAI has worked with the Indian defense industries and armed forces in many areas as part of our strategic partnership. The current contracts represent an enormous expression of confidence by the Government of India in IAI's capabilities and advanced technologies which are being developed with our local partners as part of the Indian Government's 'Make in India' policy. We continue to stand with our partners in India at the forefront of technology for the defense and security of both our countries."

http://www.israeldefense.co.il/en/node/29193

India, Israel seal $2 billion missile deals: What it means for New Delhi?
INDIA Updated: Apr 07, 2017



The Indian military’s capability to take down hostile aircraft and missiles has received a significant boost, with India and Israel signing deals worth $2 billion for advanced surface-to-air missile systems.

Israel Aerospace Industries (IAI) will provide the Indian Army with advanced medium-range surface-to-air missile (MRSAM) systems as part of the deal, announced by the Israeli firm on Thursday. The Prime Minister-headed Cabinet Committee on Security had cleared the deal in February. IAI said it was the single largest contract in Israel’s defence industry history.

Hindustan Times gives you a lowdown on the missile systems:

What is the MRSAM?

The IAI describes the MRSAM as an advanced ground breaking air and missile defence system that provides the “ultimate protection against a variety of aerial threats”.

The MRSAM is operational with the Indian Air Force, Indian Navy and Israel Defense Forces. The system includes advanced phased-array radar, command and control systems, mobile launchers and missiles with advanced RF seekers.

http://www.hindustantimes.com/india-...X1YDCV10J.html