*New Delhi: *India is set to place an order for Israeli ‘Spike’ missiles ina bid to boost its anti-tank capability against Pakistan, a person withknowledge of the matter said.
The Army wants to buy the Spike missile as a “stop gap” measure before theDefence Research and Development Organisation can come up with anindigenous anti-tank missile of its own within the next three years.
The purchase proposal is at an advanced stage and is awaiting governmentapproval, the person said, without giving any details. They asked not to beidentified as the information is not yet public.
link:>by Taboolalink:>Sponsored Linkslink:>.link>Fedproposes easing Volcker rule that limits risky bank tradingUSA Todaylink>The order for the anti-tank guided missile, made by Israeli firm RafaelAdvanced Defense Systems Ltd., could be placed this year to meet the army’surgent requirements, the person said.
A Rafael spokesman in Israel confirmed that a potential deal is underdiscussion, 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-millionworth of Spike missileslink>inJanuary 2018.