Israel Aerospace Industries said India’s Bharat Electronics Limited will be the main manufacturer for the project, Israeli business daily Globes reported.
The IAI will supply Long-Range Surface-to-Air Missile Air and Missile Defense systems, the marine version of the AMD system Barak 8, for seven ships of the Indian Navy, the report said.
The IAI is Israel’s largest aerospace and defence company. It develops, manufactures and supplies defence systems including anti-missile, aerial systems and intelligence and cybersecurity systems.
India maintains close relations with Israel’s defence establishment, and has entered into several substantial deals with Israeli defence companies.
IAI CEO and president Nimrod Sheffer said: “IAI’s partnership with India dates many years back and has culminated in joint system development and production. India is a major market for IAI and we plan to protect and reinforce our positioning in India, also in view of increasing competition.
“For its part, IAI management continually refreshes its business strategy while preserving the core capability and growth engines, of which the Barak 8 is an example,” the daily quoted Sheffer as saying.
The missile that Indian Navy has been waiting for is finally here
Surface-to-air missile: India's 1st tri-service weapon
Why China must worry about the Agni-V
How the S-400 missiles will protect India
What the S-400 Triumf will do for India's defence