Israel Aerospace wins $777 mln India contract for missile defense

Israel is also emerging as one of India’s biggest suppliers of weapons. (File/AFP)
Updated 24 October 2018
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Israel Aerospace wins $777 mln India contract for missile defense

  • The contract is with India’s state-owned Bharat Electronics Ltd. (BEL), which is the main contractor in the project
  • Israel is also emerging as one of India’s biggest suppliers of weapons

TEL AVIV: State-owned Israel Aerospace Industries (IAI) has won an additional, $777 million contract to supply LRSAM air and missile defense systems to seven ships in the Indian navy, the company said on Wednesday.
The contract is with India’s state-owned Bharat Electronics Ltd. (BEL), which is the main contractor in the project, IAI said.
The LRSAM, part of the Barak 8 family, is an air and missile defense system used by Israel’s navy as well as India’s navy, air and land forces.
With this deal, sales of the Barak 8 over the past few years total over $6 billion, IAI said.
“IAI’s partnership with India dates many years back and has culminated in joint system development and production,” IAI Chief Executive Officer Nimrod Sheffer said. “India is a major market for IAI and we plan to ... reinforce our positioning in India, also in view of increasing competition.”
Israel’s and India’s leaders have pledged to deepen ties and the countries have been increasing cooperation in fields like agriculture and advanced technologies. Israel is also emerging as one of India’s biggest suppliers of weapons, alongside the United States and long-term partner Russia.
Last year, IAI struck a deal worth almost $2 billion to supply India’s army and navy with missile defense systems. This was followed by a $630 million contract with BEL to supply Barak 8 surface-to-air missile systems for four ships in the Indian navy.
The Barak 8 was developed by IAI in collaboration with Israel’s Defense Ministry, India’s Defense Research and Development Organization, the navies of both countries, Israel’s Rafael and local industries in India and Israel.


Heir’s big birthday: 70 candles lined up for Prince Charles

Updated 1 min 31 sec ago
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Heir’s big birthday: 70 candles lined up for Prince Charles

  • Charles at 70 is free to lobby for action on climate change, support organic farming, and fight genetically modified crops as he sees fit
  • Charles has taken a more visible role representing the queen at some important national events

LONDON: Prince Charles turns 70 Wednesday and is still heir to the throne — a role he has served since he was a young child.
He’s not lacking in things to do and shows few signs of slowing down — he is wealthy, extremely active in matters of great importance to him, and preparing to welcome his fourth grandchild into the world when Meghan, the Duchess of Sussex, gives birth next spring.
His destiny, however, is to be king, a position he will automatically assume with the death of his 92-year-old mother, Queen Elizabeth II.
When that happens, Charles will be bound by the constitutional requirement that the monarch refrain from trying to influence policy. Until then, Charles is free to lobby for action on climate change, support organic farming, and fight genetically modified crops as he sees fit.
He’s doing all that while increasingly stepping in for the queen and supervising the Prince’s Trust, an ambitious charity he founded 42 years ago that has helped hundreds of thousands of young Britons.
Is the candle-crowded birthday cake a signal that it’s time for the elegantly greying prince to take it easy? Not on your life, says Charles’ wife, Camilla, the duchess of Cornwall.
“I don’t think he thinks he’s 70,” she wrote in a birthday tribute in The Telegraph Magazine. “I think it’s just a number to him. There’s no way that he will slow down. You must be joking. I keep saying 70 is getting on a bit. It’s not very old but it is old. You have to slow down a bit.”
The royal family is in the midst of a slow, understated transition. The patriarch, 97-year-old Prince Philip, has formally retired from public life, although he makes occasional appearances in support of the queen.
For her part, the queen still maintains a busy schedule, but she no longer makes long haul flights to far flung parts of the 53-nation Commonwealth, and this year she took the unusual step of lobbying the Commonwealth countries to specify that Charles would be the next leader of the group, a position that is not hereditary.
The support for Charles was unanimous, reflecting not only appreciation for the queen’s work over the decades but a belief that Charles has a strong commitment to the Commonwealth.
Charles has also taken a more visible role representing the queen at some important national events, most recently during the Remembrance Day celebrations honoring Britain’s fallen soldiers. He placed the queen’s wreath at the foot of the Cenotaph monument while she watched from a balcony seat.
But his working trips abroad and his speeches at home generate precious little buzz as the press focuses on younger, more photogenic royals and their cute offspring.
In a way, Charles is sandwiched between generations, caught between his mother, a symbol of dignity and continuity who has reigned since 1952, and his two immensely popular sons, Prince William and Prince Harry, who have along with their wives come to symbolize the future of the world’s best known monarchy.
William and Harry also remind many of their mother, the late Princess Diana, who died in a Paris car crash in 1997 after a messy divorce from Charles that for a time tarnished his standing with the British public.
It is William and Harry — along with their wives Catherine, Duchess of Cambridge and Meghan — who appear on the cover of glossy magazines, not the about-to-be-70 Charles. It is the young royals who are seen as glamorous modernizers with the common touch, while Charles is sometimes perceived as dour, preachy and remote.
Camilla says the public doesn’t understand how “incredibly kind” and funny Charles is, and William and Harry — taking part in a rare BBC interview to mark his father’s birthday — praise the way he has used his undefined position as Prince of Wales to advocate so many important causes, such as environmental protection.
But Harry — who has endeared himself to the British public in part with his impish smile and sunny outlook — urged his dad to cut back a bit on the doom and gloom that often accompanies Charles’ pronouncements.
“I would encourage him to remain optimistic because I think it can be very easy to become despondent and negative,” Harry said. “But hopefully with his children and his grandchildren, and a few more grandchildren to come, he can get energy from the family side and then carry on his leadership role.”
He also had this advice: don’t work so hard, and have dinner earlier.