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Sunday, August 10, 2014

US takes aim at Israeli antitank missiles in Indian arms market

FGM-148 JavelinIsrael, better watch out! The US is going all out to shoot down the Israeli 'Spike' antitank guided missile (ATGM) with its own "Javelin" missile in the lucrative Indian arms market. Given the huge size of the Indian ATGM project, upwards of $3 billion, Israel is sure to strike back.

But for now, the US seems to have gained the upper hand. After earlier being rebuffed by India for not agreeing to "full" transfer of technology (ToT), the US is now promising to not only "co-produce" the third-generation Javelin ATGMs, but also "co-develop" its fourth-generation version.

"This is an unprecedented offer that we have made only to India, and no one else," said visiting US defence secretary Chuck Hagel on Saturday, a day after hard-selling joint development and production of advanced weapon systems to Prime Minister Narendra Modi and defence minister Arun Jaitley.

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