Israel Aerospace Industries (IAI) announced Wednesday it had won a $777 million contract to supply India’s navy with a maritime version of its Barak 8 air and missile defense system.
The deal signed with India’s state-owned Bharat Electronics Limited to equip seven more Indian warships with the defense system follows a $630 millionorder placed last year.
State-owned IAI, Israel’s largest defense firm, said worldwide sales of the Barak 8 system now totaled more than $6 billion.
Israel is among the world’s top arms dealers, with nearly 60 percent of its defense exports going to the Asia-Pacific region, according to Israeli defense ministry figures.
India, which has longstanding territorial disputes with neighbors China and Pakistan, has signed several big-ticket defense deals since Prime Minister Narendra Modi came to power in 2014.
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