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IAI Wins $630 Million Sale Of LRSAMs To India

Monday, May 22nd, 2017

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IAI Wins $630 Million Sale Of LRSAMs To India

An LRSAM trial in September 2016. Photo: Israel Aerospace Industries (IAI).

The Indian government company Bharat Electronics Limited (BEL) awarded Israel Aerospace Industries (IAI) a $630 million contract to supply the Long-Range Surface-to-Air Missile (LRSAM) systems for use in four Indian navy ships, the company said Sunday.BEL serves as the main contractor in this project as part of India’s “Make in India” policy.The LRSAM is an air and missile defense system based on the Barak 8 surface-to-air missile. These systems were jointly developed by IAI and India’s Defence Research and Development…

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