Missile deal with Israel scrapped, DRDO asked to develop them

November 20, 2017 10:09

The Centre has scrapped a $500-million missile deal with Israel, reportedly asking the Defence Research and Development Organisation to indigenously develop the Man-Portable Anti-Tank Guided Missile.

A report in the Indian Express says 'the deal was expected to be signed after price negotiations with Rafael Advanced Defence Systems of Israel were completed last year'.

The report quoted ministry sources as saying that 'the decision to cancel the deal was based on the consideration that importing a foreign ATGM at this stage would adversely impact the programme for indigenous development of the weapon system'.

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