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Friday, March 27, 2009

India: New Delhi looks at new missile deal with Israel

Barak SAMIndia is believed to have reached a 1.9 billion dollar deal with an Israeli company for the supply and joint development of medium-range surface-to-air missiles.

The defence ministry is yet to officially confirm the deal, but sources in the department of defence research and development (DRDO) said it was likely to go ahead.

The joint development of the 70-kilometre MR-SAM missile project would be carried out by India’s DRDO and the Israeli Aircraft Industries.

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