Kalyani Rafael Advanced Systems Ltd has secured a $100-million order from Rafeal of Israel to supply 1,000 Barak-8 MRSAM missile kits for the Indian Army and the Indian Air Force.
KRAS, a 49:51 venture between Rafael Advanced Systems and Kalyani Strategic Systems Ltd, plans to develop these systems at the facility located near the international airport here. These systems would be supplied to Bharat Dynamics Ltd (BDL) for further integration.
Over the years, Rafael’s collaboration with the Indian defence industry has led to investment of over $250 million as a part of the Make-in-India initiative. Read More