Kalyani Rafael Bags $100 Million Missile kit Order

Kalyani Rafael Advanced Systems (KRAS), a joint venture between Kalyani Group and Israeli defence equipment giant Rafael Advanced Defense Systems, announced that it has received its first major order worth $100 million from overseas partner Rafael to make Barak 8 missile kits.

The order is to produce 1,000 units of Barak 8 MR-SAM missile kits over the next four years to be supplied to India’s state-run defence manufacturer Bharat Dynamics Ltd (BDL) for further integration. Read More…