*New Delhi: *India is set to place an order for Israeli 'Spike' missiles in a bid to boost its anti-tank capability against Pakistan, a person with knowledge of the matter said.
The Army wants to buy the Spike missile as a "stop gap" measure before the Defence Research and Development Organisation can come up with an indigenous anti-tank missile of its own within the next three years.
The purchase proposal is at an advanced stage and is awaiting government approval, the person said, without giving any details. They asked not to be identified as the information is not yet public.
link:> by Taboola link:> Sponsored Links link:> . link>Fed proposes easing Volcker rule that limits risky bank tradingUSA Today link> The order for the anti-tank guided missile, made by Israeli firm Rafael Advanced Defense Systems Ltd., could be placed this year to meet the army's urgent requirements, the person said.
A Rafael spokesman in Israel confirmed that a potential deal is under discussion, but wouldn't comment further until something is signed.
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After a long procurement process, India terminated its plan to buy $500-million worth of Spike missiles link> in January 2018.