India signs USD 340 million contract for Israeli-designed MRSAM systems

By Defence Industry Europe

India has signed a USD 340 million contract for the procurement of over 70 Medium-Range Surface-to-Air Missile (MRSAM) systems, developed in collaboration with Israel Aerospace Industries (IAI). The systems will be manufactured by Bharat Dynamics Limited (BDL), IAI’s partner in India, and will be deployed on a significant number of the Indian Navy’s future warships.

 

The MRSAM system, based on the Barak 8 air defence platform, is designed to counter a wide range of aerial threats, with an operational range of up to 70 kilometres. It includes a phased array radar, a command and control system, mobile launchers, and interceptors equipped with advanced sensors. The system is already in service with the Indian Navy, Army, and Air Force.

The contract is valued at approximately 29.6 billion rupees and is part of India’s “Made in India” initiative, which mandates local production as a key component of defence agreements. The Indian Ministry of Defence highlighted the deal as a significant step in enhancing the country’s defence capabilities. Reports estimate that it will generate approximately 350,000 workdays in India.

 

 

IAI’s subsidiary, Aerospace Services India (ASI), based in New Delhi, is managing the implementation of the contract on behalf of the Israeli side. Transactions under the agreement will be conducted in Indian currency, further integrating the project into the local economy.

 

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