Defence

India Army said to revive Israeli Spike missile purchase plan

Potential deal
Rafael Advanced Defense Systems
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Potential deal
A Rafael spokesman in Israel confirmed that a potential deal is under discussion, but wouldn't comment further until something is signed.

After a long procurement process, India terminated its plan to buy $500-million worth of Spike missiles in January 2018.
Once abandoned
BCCL
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Once abandoned
India abandoned the contract after its Defence Research and Development Organisation promised to deliver an indigenous anti-tank missile to meet the Army requirement of over 8,000 anti-tank missiles.

The DRDO has promised to deliver the India-made missile for trials by the end of 2018. Once the trials are successful, the Indian anti-tank missile would go in for mass production by 2021.

Text: Bloomberg

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