Don’t miss the latest developments in business and finance.

Israel Aerospace enters follow-up missile deals with India for $93 million

Image
Reuters JERUSALEM
Last Updated : Jan 30 2019 | 6:56 PM IST

JERUSALEM (Reuters) - State-owned Israel Aerospace Industries (IAI) said on Wednesday it forged $93 million worth of follow-up agreements with India to provide naval surface-to-air missile systems.

The contracts were made with the Indian Navy and Cochin Shipyard Limited, IAI said.

IAI said it will provide complementary systems for the air defence system and that the contracts involve follow up orders for a range of maintenance and other services for various sub-systems of IAI's advanced Medium Range Surface-to-Air Missile Air Defense System.

(Reporting by Ari Rabinovitch)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 30 2019 | 6:54 PM IST

Next Story