Israel signs $1.1 billion defense deal with India

JERUSALEM (JTA) — Israel will supply an upgraded air defense system to India.

Israel signed the $1.1 billion contract Monday during a visit to Israel by the head of India’s army, Gen. Deepak Kapoor, Reuters reported.

The state-owned Israel Aerospace Industries Ltd. has promised to deliver the Barak-8 tactical air defense system to India by 2017.

Israel is India’s largest defense supplier.

In August, the Indian cabinet approved a $1 billion deal with the Israeli government-owned Rafael Advanced Defense System under which the company will provide 18 of its SPYDER air defense system, which can intercept missiles in a 25-mile radius, by 2012.
 

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