Israel beats Sweden and Russia to become the frontrunner in Indian Army's quest for air defence system
Advertisement
Advertisement
The Indian Army has posed a requirement for a fast reaction air defence cover against enemy aircraft and unmanned aerial vehicles, and the probable solution has been found in the form of Israeli Spyder system, which has emerged as the frontrunner in this quest.It was in 2011 that the Indian Army had started a short-range surface-to-air missile (SRSAM) programme, and it is now nearing final selection, for a contract valued at over Rs 18,000 crore.
As per sources, the Israeli Spyder system, which has been manufactured by Rafael Advanced Systems, has come up as the frontrunner, given that its competitors, SAAB (Sweden) and Rosoboronexport (Russia), were not able to perform during technical trials that the Indian Army carried out last year.
This could mean a possible go ahead for the Israeli system to reach the the opening of the price bid, which is the next stage of procurement.
The winning company would need to transfer the technology to India, so that the system can be locally manufactured.
Advertisement
The Indian Air Force has already ordered Spyder, which has been inducted to protect sensitive air fields along the border.
Talking of ‘Make in India,’ the Indian Army has already ordered the Indian-made
Anyway, the SRSAM project was launched with a 'global buy' clause, so that the Indian private industry could also be given a chance to invest in it. As per sources, the project is valued at close to Rs 6,000 crore and would need investment from joint ventures and production facilities in India.
Image source
Advertisement
- CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
- We bought a house in Japan for $30,000. We'll have more land than we could afford in the US, and our kids will be more independent.
- Rumors Prince William is having an affair with Rose Hanbury are flooding social media again after Stephen Colbert waded into 'Katespiracy'
- Sensex, Nifty tank in early trade amid weak Asian markets, foreign fund outflows
- Long-Term vs. Short-Term Debt
- Mutual funds stress test: What it means for you
- Businesses should not be built on model, but out of passion: Peyush Bansal
- Delhi world's most polluted capital, Begusarai top polluted metro says IQAir