Israel inks $50m deal with India to supply MRSAM to Navy

Israel Aerospace Industries (IAI) has signed a $50 million deal with India to supply complementary Naval MRSAM systems to Indian Navy and Mazagon Dock Shipbuilders. IAI is a state-owned company of Israel.

Key Highlights of Deal

The deal is a follow-up agreement between IAI and India, as per which former will provide complementary Naval MRSAM (Medium Range Surface-To-Air Missile) systems to Indian Navy.

As per the contract, IAI will provide a range of maintenance and other services for various sub-systems of IAI’s advanced MSRAM air defence system(ADS).

Importance:

The deal is a major breakthrough as it reflects strong relationship between IAI and Indian Navy. The contract advances IAI from system development and delivery to looking after operational needs of India.

IAI-India: IAI’s partnership and strong relationship with Indian Navy is reflected in all activities undertaken by them. Recently IAI successfully completed a multi-system trial in India that demonstrated advanced technological centralised management capabilities of air defence system to utmost satisfaction of India.

About Medium Range Surface-To-Air Missile (MRSAM)

It provides broad as well as topical defence against a range of assault marine, air and ground threats.

It comprises of several key state-of-the-art systems, such as command and control, digital radar, launchers and interceptors along with advanced homing seekers.

Month: Current Affairs - July, 2019