India signs â¹5,600-crore deal to get Israeli missile systems
India has signed a $777-million deal (â¹5,683 crore) with Israel Aerospace Industries (IAI) to obtain Barak 8 long-range surface-to-air defence missiles and missile defence systems for seven Indian Navy ships. IAI said state-owned Bharat Electronics Limited will be their Indian manufacturing partner. The two countries signed a $2-billion deal last year, which was Israel's largest ever defence deal.