Kalyani JV gets missile kits order

A joint venture of a Kalyani group firm and Israel’s Rafael Advanced Systems has secured a $100 million contract for manufacturing 1,000 Barak-8 MRSAM missile kits.

Kalyani Rafael Advanced Systems will manufacture the kits at its production facility near Hyderabad and supply them to Bharat Dynamics for further integration. The product will be used by the Indian Army and the Air Force.

Static/Current Takeaways Important For ESIC:

  •  Capital of Israel: Jerusalem; Currency of Israel : Israeli New Shekel.

Source: The Hindu

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