Skip to content
Search

Latest Stories

Submit Guest Post

India buys Israeli missiles ahead of Netanyahu visit

India is to buy 131 surface-to-air missiles from Israel in a $70 million deal, the defence ministry announced Tuesday ahead of a visit by Israeli prime minister Benjamin Netanyahu.

The Barak missiles made by Rafael Advanced Defense Systems are to be used for India's first aircraft carrier which is under construction.


Netanyahu will lead a business delegation to India on a four day trip expected in mid-January. Israel has become a major defence supplier to India, selling an average of $1 billion of military equipment each year.

Last April the two countries signed a military deal worth nearly $2 billion which includes the supply over several years of medium-range surface-to-air missiles, launchers and communications technology.

It was unclear whether the deal announced Tuesday was part of that.

The Indian defence ministry also said it had approved the purchase of 240 bombs from Russia's JSC Rosonboron Exports for $188 million.

"This procurement will address the deficiency of precision-guided munitions in the IAF (Indian Air Force) arsenal, besides enhancing the offensive capabilities of the IAF," it said in a statement.

India, which has longstanding territorial disputes with neighbours China and Pakistan, has signed several big-ticket defence deals since prime minister Narendra Modi came to power in 2014.

It has however been moving away from relying on traditional ally Russia for military hardware.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

Shell

Shell is reshaping its European energy portfolio with the sale of its onshore renewables business.

Getty Images

Shell to exit UK and European onshore renewables business through TotalEnergies deal

  • Shell has agreed to sell its onshore renewables portfolio across the UK and Europe to TotalEnergies.
  • The deal includes operating solar and wind assets as well as a pipeline of renewable energy projects.
  • The move continues Shell's shift away from lower-return renewable investments towards its core energy business.

Shell has agreed to sell its European onshore renewables business, including assets in the UK, to TotalEnergies as the FTSE 100 energy giant continues to reshape its portfolio around businesses it believes can deliver stronger long-term returns.

The agreement covers renewable energy assets across the UK, Italy, Spain and the Netherlands. It includes around 500 megawatts of solar and wind capacity already in operation or under construction, alongside a wider pipeline of solar, wind and battery storage projects. The transaction remains subject to regulatory approvals and is expected to complete by the end of 2026.

Keep ReadingShow less