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India set to seal $500mn deal with Israel to buy 4,500 Spike missiles

292 views · Published 27 June 2018 · 2:49 · Indexed 21 September 2026
Channel: World Of Weapon · 2018 · News & Politics
India set to seal $500mn deal with Israel to buy 4,500 Spike missiles

India is on the verge of finalising a $500 million deal with Israel for the government-to-government purchase of around 4,500 Spike anti-tank guided missiles for the army ahead of Israel defence secretary Udi Adam’s visit to New Delhi for the annual joint working group discussion on bilateral defence cooperation.

South Block officials and Israeli diplomats confirmed to Hindustan Times that both sides were awaiting the final seal of approval from the Modi government for the deal, which was initially conceptualised as one with a significant “Make in India” component. That component has now been reduced on grounds of commercial consideration. Major General (Retd) Udi Adams arrives in India on July 2 and leaves a day later after holding meetings with his counterpart Sanjay Mitra; he is also expected to pay a courtesy call to defence minister Nirmala Sitharaman.

Source : https://www.hindustantimes.com/india-news/india-set-to-seal-500mn-deal-with-israel-to-buy-4-500-spike-missiles/story-wdT2IufrQ4ldybZFX76X5K.html

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India set to seal $500mn deal with Israel to buy 4,500 Spike missiles

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