Business Other News 17 Jul 2019 Israel Aerospace sig ...

Israel Aerospace signs USD 50 million follow-up deal with Indian navy

REUTERS
Published Jul 17, 2019, 2:37 pm IST
Updated Jul 17, 2019, 2:37 pm IST
The agreement involves maintenance and other services for sub-systems of Israel Aerospace’s medium range surface-to-air missile
(Photo: Twitter/@indiannavy/Representational)
 (Photo: Twitter/@indiannavy/Representational)

Jerusalem: State-owned defense contractor Israel Aerospace Industries said on Wednesday it signed a USD 50 million follow-up contract to provide complementary missile systems to the Indian navy and India’s MDL Shipyard.

The agreement involves a range of maintenance and other services for sub-systems of Israel Aerospace’s naval medium range surface-to-air missile.

 

“This contract is a breakthrough as it advances us from system development and delivery to looking after the operational needs of our customers,” said Boaz Levi, general manager of the Systems, Missiles & Space Group at Israel Aerospace.

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Location: Israel, Jerusalem, Jerusalem




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