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Rafael agrees Indian missile deal

StormShadow

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Jan 10, 2011
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The Indian Navy is buying 260 Barak-1 missiles for $143 million.

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Rafael Advanced Defense Systems Ltd. will provide the Indian Navy with hundreds of Barak-1 missiles over the next 18 months in a deal worth $143 million. India's Ministry of Defense approved the procurement in recent days in part because naval commanders have warned of a grave shortage of such missiles in the Indian Navy's inventory. The Barak-1 is an anti-missile defense system, and the Indian Navy is reportedly down to its last 150 such missiles. :o:

The Indian government has decided to procure more than 260 Barak-1 missiles, which are manufactured by Rafael in collaboration with Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) and its Elta Industries division. IAI produces the command and control systems for the missile while Elta has developed the radar.

There was a long period of discussions before the Indian government made its final decision about procuring the missiles due to enquiries into a bribery scandal involving defense manufacturers from other countries. Rafael and IAI were eventually cleared of any wrongdoing and the Barak-1 missile deal was given the go-ahead.

The Barak-1 missile was developed in the 1990s and with a range of 9-10 kilometers serves as the main defense missile for the Israel Navy.

India is also a major partner of Israeli defense manufacturers in plans to develop a more advanced version of the Barak-1 missile the Barak-8. The agreement to develop the Barak-8 was signed four years ago and when development is complete, the Indian Navy will be equipped with hundreds of these innovative missiles in a deal worth $1.4 billion.

http://www.globes.co.il/en/article-rafael-agrees-indian-missile-deal-1000975034
 
this is an upgraded version of barak-1 no ? as in electronics wise from when it was inducted..

just saw...i mean what skull and bones posted.

lol...joker to joker conversation.

that movie is an example of how an expanded mind refuses to shrink back.
 

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