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Wednesday, September 03, 2008

Indian AF Buys Spyder Air-Defense Missiles

Israeli company Rafael has been awarded a $260 million contract by the Indian Air Force for 18 Spyder Low Level Quick Reaction Missiles (LLQRM). The contract was inked Sept. 1, a senior Indian Defence Ministry official said.

Rafael was shortlisted to supply the missiles against France's MBDA early last year. However, the contract was delayed, mainly due to opposition from India's leftist parties, Defence Ministry sources said.

The deliveries of the Spyder missiles will begin in 2½ years and be completed within four, the ministry official said.

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