Israel Aerospace signs $50 million follow-up deal with Indian navy. Under the deal, Israel Aerospace Industries will provide complementary missile systems to the Indian navy and India’s MDL Shipyard.
The agreement also involves a range of maintenance and other services for sub-systems of Israel Aerospace’s naval medium range surface-to-air missile.
Static/Current Takeaways Important For SBI PO/Clerk Mains:
- Chief of the Naval Staff: Admiral Karambir Singh.
- Capital of Israel: Jerusalem; Currency: Israeli new shekel.
Source: The Economic Times