Israel Aerospace signs USD 50 million follow-up deal with Indian navy

The agreement involves maintenance and other services for sub-systems of Israel Aerospace's medium range surface-to-air missile

Update: 2019-07-17 09:10 GMT
Ten years after 26/11, the Indian Navy coordinated the largest-ever coastal defence exercise off the Indian coast on 22-23 January 2019, codenamed Sea Vigil.

Jerusalem: State-owned defense contractor Israel Aerospace Industries said on Wednesday it signed a USD 50 million follow-up contract to provide complementary missile systems to the Indian navy and India’s MDL Shipyard.

The agreement involves a range of maintenance and other services for sub-systems of Israel Aerospace’s naval medium range surface-to-air missile.

“This contract is a breakthrough as it advances us from system development and delivery to looking after the operational needs of our customers,” said Boaz Levi, general manager of the Systems, Missiles & Space Group at Israel Aerospace.

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