Netanyahu to lead trade task force to India
Israeli Prime Minister Benjamin Netanyahu will take 130 businessmen with him to India for trade talks which will also cover defence sales, a senior Israeli official said on 10 January.
Gilad Cohen, Israel’s foreign ministry deputy director general for Asia, said the six-day trip starting on 14 January was meant to further deepen political, trade and cultural ties.
India's defence ministry recently announced that it would buy 131 surface-to-air missiles from Israel. The Barak missiles made by Rafael Advanced Defence Systems are to be used for India's first aircraft carrier which is under construction.
But at the same time, Rafael said India had cancelled a separate $500 million deal to purchase Spike anti-tank guided missiles.
Rafael executives are said to be in the trade delegation accompanying Netanyahu.
Gilad Cohen said: ‘The prime minister will be talking (to his hosts) on the whole range of issues which make up relations between Israel and India: water, agriculture, energy, culture, innovation, also defence.’
Israel is a major weapons supplier to India, selling it an average of $1 billion of military equipment each year.
In April 2017, the two countries signed a military deal worth nearly $2 billion which includes the supply over several years of medium-range surface-to-air missiles, launchers and communications technology.
Netanyahu's India trip comes after Indian Prime Minister Narendra Modi's visit to Israel in July 2017, the first ever by an Indian premier.
More from Defence Notes
-
Israel defence ministry pushes ambitious spending plans for tanks, drones and KC-46 aircraft
The procurement and acceleration production plans – some of which still await approval – across the air and land domains will aim to strengthen the operational needs of the Israel Defense Forces.
-
Australia’s Exercise Talisman Sabre concludes after a series of firsts
More than 40,000 military personnel from 19 participating nations took part in the 11th iteration of the biennial Exercise Talisman Sabre multi-domain event which was held across Australia and in Papua New Guinea.
-
US Africa Command targets logistic solutions
AFRICOM is seeking IT systems and supply chain management solutions to enhance interoperability and standardise logistical processes in its area of responsibility.
-
Rheinmetall sales up by almost a quarter on wave of German spending
Germany’s Rheinmetall released its 1H 2025 results on 7 August, continuing the strong growth of recent years. A particular highlight of the result’s presentation was the Skyranger air defence system for which the company is predicting sales of about US$8.2 billion from the German Government before the end of the year.
-
Defence companies continue to ride procurement wave
Vehicle and technology companies are reporting substantial growth compared to the first half of 2024. Italy’s Fincantieri saw revenues jump 24% for the first half of the year compared to 2024 and Thales up 6.8% for the same period. General Dynamics reported second quarter revenue growth of 8.9% for the second quarter compared to last year and MilDef reported organic order intake growth of 58%.