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New Indian Order Brings Barak-8 Order Book to US$ 5 Billion
Israel Aerospace Industries (IAI) and the Indian Ministry of Defense signed a contract worth US$1.6 billion today, for the supply of an unspecified number of Medium Range Surface to Air Missiles (MRSAM) for the Indian Land Forces. IAI signed today a second contract for the delivery of Barak 8 Long Range SAM (LRSAM) for the first locally built aircraft carrier - Vikrant. The new deals have increased the system's total order book by 60 percent, to five billion.