The stalled purchase of hundreds of anti-tank guided missile Spike is expected to get a fresh lease of life from the Cabinet Committee on Security under a $1-billion purchase plan in the next few days.
Last month India went ahead with purchase of Spike missile despite the single bid situation. India’s defense procurement policy does not allow such purchase where only one company is eligible for tender.
But the Indian government is keen to sign the contract with Israeli firm Rafael Advanced Defense Systems as it has agreed to transfer technology for the missile under Make in India project whereas contract may be signed for building 1,500 systems and around 30,000 additional missiles in India.
In May 2016, India had finalized price negotiations for 275 launchers and 5,500 Spike missiles and kit form.
The Indian government is also considering a proposal to buy combat UAVs Heron TP made by Israel. India may approve the purchase if Israel agrees to transfer technology to India under the Make in India project.
Israel Aerospace Industries (IAI) had announced a new export-version of Heron TP on February 9, 2017.
Israel Aerospace Industries has changed the capacity of Heron TP for countries that are members of Missile Technology Control Regime (MTCR). The export version of Heron TP can carry a payload of 450 kg. India became the 35th MTCR member last June.