India reportedly plans to finalize a major arms deal with the Israeli regime worth nearly USD1.5 billion that includes Phalcon AWACS (airborne warning and control systems) and four aerostat radars.
The military deal will likely be sealed during a visit to India by Israeli minister for military affairs, Moshe Ya’alon, who is due in the city of Bangalore on Wednesday for the Aero India show, which will continue through February 22.
The Israeli official, who is due to hold talks with India’s Defense Minister Manohar Parrikar, will be accompanied by major Israeli military contractors.
The bi-annual Aero India exhibit is India’s biggest showcase of military equipment.
“We are flexible when it comes to transfer of technology,” said the spokesman for the Israeli embassy in New Delhi, Ohad Horsandi, who added, “A while back, Israel and India had shifted away from buyer-seller relations toward a stronger and more equal partnership that can include joint production and co-development.”
Indian Prime Minister Narendra Modi is reportedly seeking to enhance its military and security ties with the Washington and Tel Aviv in a bid to overhaul a largely Soviet-era arsenal and turn India into a global manufacturing hub.
India plans a USD 150-billion military spending spree through 2027. Pending purchases include 126 Rafale fighter jets from the France-based Dassault company and 145 howitzer guns from the UK-based firm, BAE Systems Plc.
During a visit to India last month, US President Barack Obama agreed to a pilot project in which India will jointly manufacture parts for drones and transport jets. The two countries will also set up a working group to share aircraft carrier technology and develop jet engines.
India last year decided to buy Israeli anti-tank guided missiles and launchers and revive the joint development of a long-range missile. The USD 659 million of Israeli arms purchases since Modi took power is more than Israeli regime’s total military exports to India in the prior three years.
MFB/HMV/SS