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IAI's Barak 8 wins $340m contract with Indian Navy

Israel Aerospace Industries' Indian partner Bharat Dynamics has won a $340m contract with the Indian Navy to mount MRSAM systems on its warships. The contract is part of India's 'Made in India' policy, which requires overseas companies to operate local production lines. The MRSAM system provides protection against aerial threats and is effective up to a range of 70 kilometers. Meanwhile, Elbit America has received a $139m follow-on order for enhanced night vision goggle-binoculars for the US Army, and Plasan Sasa is collaborating with South Korean company Hanwha Aerospace on the development of protection kits for self-propelled howitzers and ammunition resupply vehicles.

Original article source: https://en.globes.co.il/en/article-iai-wins-340m-air-defense-contract-with-indian-navy-1001500405
Source Id: 8518028868

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