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India test fires long range surface to air missile developed with Israel
(MENAFN- Asia Times) Artist’s illustration of Barak 8 missile firing
India which shares borders with nuclear-armed China and Pakistan is likely to spend $250 billion over the next decade to upgrade its military. It is the world’s biggest buyer of defense equipment but Modi is trying to build a defense industrial base in the country to cut overseas purchases. The test-firing of the missile system was carried out by warship INS Kolkata the Ministry of Defence said in a statement. Defense Industry told Reuters last year that the value of the Barak 8 project was $1.4 billion. Read more
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