Date:06/10/2006 URL: http://www.thehindu.com/2006/10/06/stories/2006100601681500.htm

National

India close to missile deal with Israel

New Delhi: India is close to wrapping up a Rs. 1,800-crore deal with Israel for buying Spyder quick reaction air defence missile systems.

The Indian Air Force is purchasing 18 Spyder missile systems, Air Chief Marshal S.P. Tyagi told reporters here on Thursday. The system's Python-5 and Derby missiles will give the IAF the capability to engage enemy aircraft, helicopters, unmanned air vehicles, drones and precision-guided munitions.

"Price negotiations are over and the deal has been sent to the Cabinet Committee on Security for clearance," Air Chief Marshal Tyagi said.

The system can provide air defence for fixed assets such as airbases, nuclear installations, VVIP buildings and point and area defence for mobile forces.

Israel and the European consortium MBDT were in the contention. - PTI