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India close to finalizing defense deals with Israel at $3 billion

As reported by the Times of India, the Indian Cabinet on security matters should in the next month to finally approve the agreement with Israel on the purchase of a large batch of high precision munitions.

The deal, the total cost of which is estimated at $ 3 billion, includes the purchase of 164 systems of laser-guided munitions on the target Litening-4 for su-30 MKI and Jaguar, as well as 250 Spice kits that turn ordinary bombs into «smart».

There has also been progress in the negotiations for the purchase of 321 anti-tank system Spike and 8.356 shells to it.

According to sources, the deal will be approved before the visit of Prime Minister Narendra modi to Israel.




India close to finalizing defense deals with Israel at $3 billion 10.02.2016

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