US takes aim at Israeli antitank missiles in Indian arms market

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US takes aim at Israeli antitank missiles in Indian arms market

Rajat Pandit,TNN | Aug 10, 2014, 03.31 AM IST

NEW DELHI: Israel, better watch out! The US is going all out to shoot down the Israeli 'Spike' antitank guided missile (ATGM) with its own "Javelin" missile in the lucrative Indian arms market. Given the huge size of the Indian ATGM project, upwards of $3 billion, Israel is sure to strike back.

But for now, the US seems to have gained the upper hand. After earlier being rebuffed by India for not agreeing to "full" transfer of technology (ToT), the US is now promising to not only "co-produce" the third-generation Javelin ATGMs, but also "co-develop" its fourth-generation version....

US takes aim at Israeli antitank missiles in Indian arms market - The Times of India
 

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