- Friday, April 26, 2024
By: Radhakrishna N S
Israel Aerospace Industries (IAI) said Wednesday (24) it won a £601.18 million ($777m) order from India to buy defence systems for its navy. The deal with India’s state-owned Bharat Electronics Limited to supply the marine version of the Barak 8 air and missile defence system for seven more warships follows a $630 mn order placed last year. State-owned IAI, Israel’s largest defence firm, said worldwide sales of the Barak 8 system now totalled more than $6 billion. Israel is among the world’s top arms dealers, with nearly 60 per cent of its defence exports going to the Asia-Pacific region, according…
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