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  Business   In Other News  17 Jul 2019  Israel Aerospace signs USD 50 million follow-up deal with Indian navy

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

REUTERS
Published : Jul 17, 2019, 2:40 pm IST
Updated : Jul 17, 2019, 2:40 pm IST

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

(Photo: Representational)
 (Photo: Representational)

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.

Tags: surface-to-air missile, defence, indian navy, israel aerospace
Location: Israel, Jerusalem, Jerusalem