IAI will provide LRSAM air defense systems worth $ 777 million to the Indian government company BEL
The Barak 8 LRSAM system is an operational air defense system and will be supplied to 7 Indian Navy vessels. "IAI's partnership with India is long-standing and is reflected in the development of joint systems and production," said Nimrod Shefer, IAI's President and CEO.
Israel Defense 24/10/2018 Contact author
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Photo: Air Industry
Israel Aerospace Industries (IAI) has announced that it has signed another huge deal for the supply of LRSAM systems (the marine version of the Barak 8 air defense system) totaling $ 777 million for seven Indian Navy vessels to BHARAT ELECTRONICS LIMITED (BEL) Heads against the Indian government.
The Barak 8 LRSAM system is an operational air defense system used by the Israeli navy and the air, sea and land forces in India, providing wide and specific regional defense against a variety of naval, sea and land attack threats. The system combines a number of key systems at the forefront of technology: digital radar, command and control system, launchers, interceptors with advanced headers, communication and system connectivity.
Israel Aerospace Industries (IAI) President and CEO Nimrod Shefer: "This transaction is an expression of the direction that IAI is taking: business focus, profitability and growth. IAI's partnership with India is long-standing and is reflected in the development of joint systems and production. India will continue to be a major market for IAI and we will continue to act to preserve and strengthen our position in the country in light of the increasing competition. IAI's management will continue to act to refresh the company's business strategy while preserving core capabilities and growth engines such as Barak 8, as well as developing additional innovative systems in the field of air defense and other fields. "
"We thank our partners in India and BEL for their choice of IAI in the project that best reflects the close technological cooperation between Israel and India. This transaction brings the sales of Barak 8 in recent years to a total of more than $ 6 billion, and is another honor to the capabilities of this advanced weapon system, which is the company's main growth engine. Barak 8 is an operational system that provides a full response to a variety of threats. It is built to work in cooperation with other existing systems and enables operational and operational flexibility for the customer, with the potential for future structured growth for maximum effectiveness on the battlefield. "
Defense Minister Avigdor Lieberman addressed the huge deal and wrote in his Twitter account: "Congratulations to IAI and the defense establishment on the giant deal for the sale of Barak 8 to India, which is another proof that security is an investment and not an expense." IAI is a national asset, .
The Barak 8 system is a unique development of IAI in cooperation with the Ministry of Defense, the DRDO, the Israeli Navy, Rafael, Elta, IAI and other industries in India and Israel.
http://www.israeldefense.co.il/he/node/36080
The Barak 8 LRSAM system is an operational air defense system and will be supplied to 7 Indian Navy vessels. "IAI's partnership with India is long-standing and is reflected in the development of joint systems and production," said Nimrod Shefer, IAI's President and CEO.
Israel Defense 24/10/2018 Contact author
send to a friend
A + A-size
Share on
Share on
Photo: Air Industry
Israel Aerospace Industries (IAI) has announced that it has signed another huge deal for the supply of LRSAM systems (the marine version of the Barak 8 air defense system) totaling $ 777 million for seven Indian Navy vessels to BHARAT ELECTRONICS LIMITED (BEL) Heads against the Indian government.
The Barak 8 LRSAM system is an operational air defense system used by the Israeli navy and the air, sea and land forces in India, providing wide and specific regional defense against a variety of naval, sea and land attack threats. The system combines a number of key systems at the forefront of technology: digital radar, command and control system, launchers, interceptors with advanced headers, communication and system connectivity.
Israel Aerospace Industries (IAI) President and CEO Nimrod Shefer: "This transaction is an expression of the direction that IAI is taking: business focus, profitability and growth. IAI's partnership with India is long-standing and is reflected in the development of joint systems and production. India will continue to be a major market for IAI and we will continue to act to preserve and strengthen our position in the country in light of the increasing competition. IAI's management will continue to act to refresh the company's business strategy while preserving core capabilities and growth engines such as Barak 8, as well as developing additional innovative systems in the field of air defense and other fields. "
"We thank our partners in India and BEL for their choice of IAI in the project that best reflects the close technological cooperation between Israel and India. This transaction brings the sales of Barak 8 in recent years to a total of more than $ 6 billion, and is another honor to the capabilities of this advanced weapon system, which is the company's main growth engine. Barak 8 is an operational system that provides a full response to a variety of threats. It is built to work in cooperation with other existing systems and enables operational and operational flexibility for the customer, with the potential for future structured growth for maximum effectiveness on the battlefield. "
Defense Minister Avigdor Lieberman addressed the huge deal and wrote in his Twitter account: "Congratulations to IAI and the defense establishment on the giant deal for the sale of Barak 8 to India, which is another proof that security is an investment and not an expense." IAI is a national asset, .
The Barak 8 system is a unique development of IAI in cooperation with the Ministry of Defense, the DRDO, the Israeli Navy, Rafael, Elta, IAI and other industries in India and Israel.
http://www.israeldefense.co.il/he/node/36080
