April 5, 2005 at 9:52 am
TEL AVIV [MENL] — Israel’s largest defense firm has been awarded a project to upgrade anti-aircraft systems for India.
Israel Aircraft Industries has won a $104 million contract to modernize 48 Russian-made Indian Army Shilka ZSU-23 air defense systems. IAI planned to implement the contract with India’s Bharat Electronics Ltd., or BEL.
The award ended a competition in which BEL defeated Russia’s state-owned arms agency Rosoboronexport in 2003. BEL was deemed as prime contractor of the upgrade.
IAI and BEL could also have the inside track on future projects. India has an additional 600 ZSU systems and plans to issue another upgrade order in 2005.