India close to signing deal for 2 Phalcons and 4 aerostats
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India is close to finalizing several major defence deals with Israel, including the ones for two additional Phalcon AWACS (airborne warning and control systems) and four aerostat radars, together worth well over $1.5 billion (Rs 9,330 crore).
This comes even as Israeli defence minister Moshe Ya’alon is all set to touch down in India on Tuesday, the first such ministerial visit after the two countries established full diplomatic ties in 1992, as earlier reported by TOI. Ya’alon, accompanied by director-general of his ministry Major Gen (retd) Dan Harel and CEOs of Israeli arms companies, will hold meetings with his Indian counterpart Manohar Parrikar and others as well as visit the Aero-India show at Bengaluru from February 18 to 22.
It marks a significant departure from the long-standing policy to keep the expansive bilateral military ties under wraps due to international and domestic political sensitivities despite Israel being among the top three defence suppliers to India since the 1999 Kargil conflict.
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