Photo Credit: Courtesy IAI
IAI's Integrated Underwater Harbour Defense and Surveillance System

In what is the “largest defense contract in the history of Israel’s defense industry,” Israel Aerospace Industries (IAI) announced Thursday that it signed a missile defense deal worth close to $2 billion with India.

The company said in a statement to media it will supply medium range surface-to-air missiles, launchers, and communications and control technology to India’s military for approximately $1.6 billion. An additional package that includes a naval defense system with long range surface-to-air missiles to be deployed on India’s first aircraft carrier is still being built, and brings the total close to $2 billion.

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The contract constitutes the largest-ever defense deal between India and Israel, one of the top three arms suppliers to the southeastern Asian nation.

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