IAI signs $777 million deal with India for Barak-8 systems
The Israel Aerospace Industries (IAI) has signed a deal to sell the Barak-8 aerial defense system to India, the company said Wednesday.
The Indian Navy purchased Barak-8 systems for seven ships for $777 million.
Defense Minister Avigdor Lieberman praised the sale, saying "this is another proof security is an investment and not an expense. The IAI is a national asset."
