IAI secures $630m contract to supply LRSAM systems for Indian Navy vessels
The Indian Navy has awarded an additional $630m contract to Israel Aerospace Industries (IAI) for the delivery of long-range surface-to-air missile (LRSAM) defence systems for four of the navy's vessels.
The contract will be carried out with the Indian Government-run company Bharat Electronics (BEL), which will also operate as the main contractor for the project.
IAI president and CEO Joseph Weiss said: “The new contract adds to other deals signed in the last decade by IAI with India's defence forces, reinforcing IAI's global leadership position in air and missile defence systems.
“The inclusion of Indian governmental company BEL for the first time is a step up in our relationship with the Indian industry, as part of the 'Make in India' policy.
“This unique project represents the close collaboration between India's Defence Research and Development Organisation (DRDO), IAI and the defence forces of both countries. We will proceed to implement it with joint efforts.”
The LRSAM air and missile system was successfully tested aboard the Indian Navy vessel as part of an operational interception trial prior to the signing of the contract.
The trial recognises and demonstrates the system's operational capabilities in a representative scenario with a genuine target.
All of the weapon system's components were deemed to successfully meet the required standards during the testing.
The LRSAM air and missile system offers protection against a wide range of aerial, naval and airborne threats.
Image: LRSAM air and missile system trial in September 2016. Photo: courtesy of Israel Aerospace Industries Ltd.