Israel Matzav: India to expand arms trade with Israel

Thursday, March 04, 2010

India to expand arms trade with Israel

India has decided to dramatically increase its defense budget to some $32 billion annually, and Israel stands to be a big beneficiary.

"India plans to rebuild substantial parts of its armed forces and we will be there, offering everything they need," a source within the Israeli Military Industries said.

Israel's various military industries have delegates in India and according to the source, several multimillion dollar deals have been discussed during two recent weapons and security trade fairs.

Since 1991, India has purchased $8.5 billions worth of Israeli weaponry, making Jerusalem its second-largest arms supplier, after Russia. According to foreign publications, India's most recent purchase is the Israeli Aerospace Industries' Harpy – an unmanned aerial vehicle (UAV) designed to attack radar systems.

It's good to see the good guys uniting.

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Name: Carl in Jerusalem

Location: Jerusalem, Israel

I am an Orthodox Jew - some would even call me 'ultra-Orthodox.' Born in Boston, I was a corporate and securities attorney in New York City for seven years before making aliya to Israel in 1991 (I don't look it but I really am that old :-). I have been happily married to the same woman for thirty-five years, and we have eight children (bli ayin hara) ranging in age from 13 to 33 years and nine grandchildren. Four of our children are married! Before I started blogging I was a heavy contributor on a number of email lists and ran an email list called the Matzav from 2000-2004. You can contact me at: IsraelMatzav at gmail dot com

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