NEW DELHI: India is close to finalizing another mega military project with Israel, which will further bolster the already expansive but secretive defence cooperation under way between the two countries since the 1999 Kargil conflict, Times of India reported on Thursday.
Defence ministry sources said the contract negotiation committee had now virtually sealed the joint development of a medium-range surface-to-air missile system (MR-SAM) for the Indian Army through collaboration between DRDO and Israeli Aerospace Industries.
Defence PSU Bharat Dynamics, in turn, will undertake bulk production of the systems in India. Incidentally, Israel is among the top defence suppliers to India, having already inked deals and projects worth around $10 billion over the last 15 years, which range from spy and armed drones to sophisticated missile and radar systems.
During his visit to India in February, Israeli defence minister Moshe Ya’alon had even offered the advanced Iron Dome interceptor, which was used to intercept the flurry of rockets fired into his country last year, for PM Narendra Modi’s Make inIndia policy.