Union Government cancels Israeli missile deal worth $500-million

Posted on:21 Nov 2017 10:08:38
Union Government cancels Israeli missile deal worth $500-million
21 November 2017 Current Affairs: Indian Government decided to cancel a $500 million deal for procuring Spike ATGM (Anti-Tank Guided Missile) from Israel.

The $500 million deal to procure Spike ATGM form Rafael Advanced Defence Systems of Israel was expected to be signed after price negotiations completed last year.

Union Defence Minister, Nirmala Sitharaman wants that Man-Portable Anti-Tank Guided Missile (MPATGM) for the Indian Army should be indigenously developed and build by DRDO.
Indian Government decided to cancel a $500 million deal for procuring Spike ATGM (Anti-Tank Guided Missile) from Israel.

The $500 million deal to procure Spike ATGM form Rafael Advanced Defence Systems of Israel was expected to be signed after price negotiations completed last year.

Union Defence Minister, Nirmala Sitharaman wants that Man-Portable Anti-Tank Guided Missile (MPATGM) for the Indian Army should be indigenously developed and build by DRDO.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2018 December

18 DECEMBER
NEWS
17 DECEMBER
NEWS
16 DECEMBER
NEWS
15 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Currentt Affairs 2018 October

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS