Israeli, Indian defense firms sign major cooperation agreement

Rafael Advanced Defense Systems signed a cooperation agreement with India’s Reliance Defense firm on Tuesday that will encompass future deals worth 10 billion dollars, the companies announced in Goa, where the 2016 Defexpo exhibition is taking place.

The agreement covers cooperation in the production, development, and supply of air defense systems, air-to-air missiles, and surveillance balloons, Rafael said.

Source: http://www.jpost.com/Israel-News/Israeli-Indian-defense-firms-sign-major-cooperation-agreement-449567

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