UPI reports from Tel
Aviv that the Israel Aerospace Industries has signed a four-year,
$1.1 billion deal with India for aircraft, missiles, unmanned aerial
vehicles and intelligence systems.
IAI announced to the Tel
Aviv Stock Exchange Monday it had signed the $1.1 billion deal with
"an Asian country." without naming the country nor specifying the
military systems involved.
But the Globes business
daily identified the customer as India and said the systems included
missiles, UAVs and intelligence technologies. Other sources said
aircraft were also involved but gave no details.
Other deals by India
with Israeli companies include:
(a) DRDO signed a
$480 million contract on missile development in early 2006.
(b) IAI won a $1.1
billion deal with the Indian Navy in 2009 to provide advanced
Barak-8 tactical air-defense missile systems for its warships.
(c)
Rafael Advanced Defense
Systems secured a $1 billion contract to supply 18 Spyder
surface-to-air missile systems by 2012.
(d) IAI sold the Indian
Air Force three Phalcon early warning aircraft worth $1.1 billion in
2004.
In March 2011, the U.S.
weekly Defense News reported India was preparing to sign a $1
billion order with Rafael for 8,356 Spike anti-tank missiles, along
with 321 launchers and 15 training simulators.
India has also expressed
interest in Israel's Arrow-2 anti-ballistic missile system jointly
manufactured by IAI and the Boeing Co. But the technology transfer
may be stalled since U.S. approval would be required.
China was once a
promising market for Israeli weapons and electronic systems, but it
currently remains largely off-limits, mainly because of the United
States, which provides Israel with $3 billion a year in military
aid. It had blocked a $1 billion sale of four Phalcon AWACS aircraft
to China in 2000, saying that U.S. components were used in the
planes, causing annoyance in China.