US takes aim at Israeli antitank missiles 'Spike' in Indian arms market with its 'Javelin' missile

The Times of India ^ | 10 Aug, 2014 | Rajat Pandit

[sukhoi-30mki]

NEW DELHI: Israel, better watch out! The US is going all out to shoot down the Israeli 'Spike' antitank guided missile (ATGM) with its own "Javelin" missile in the lucrative Indian arms market. Given the huge size of the Indian ATGM project, upwards of $3 billion, Israel is sure to strike back.

But for now, the US seems to have gained the upper hand. After earlier being rebuffed by India for not agreeing to "full" transfer of technology (ToT), the US is now promising to not only "co-" the third-generation Javelin ATGMs, but also "co-develop" its fourth-generation version.

"This is an unprecedented offer that we have made only to India, and no one else," said visiting US defence secretary Chuck Hagel on Saturday, a day after hard-selling joint development and production of advanced weapon systems to Prime Minister Narendra Modi and defence minister Arun Jaitley.

There are already over a dozen such proposals from the US on the table, ranging from the Jave ..

Read more at: http://economictimes.indiatimes.com/articleshow/39991787.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

[353FMG]

With the official establishment of ISIS in this world, US, Israel and India better become allies because they will all have to face a common enemy.

Sheesh folks, wake up! The game has changed.

[Sacajaweau]

Are we nuts? We know that every country spies and steals, right?

[RedMDer]

All contributions are for the current quarter expenses.


FReepathon day 40.

Two percent a day keeps the 404 away.

[Jack Hydrazine]

Israel needs some of these old Genie missiles loaded with their neutron bombs.

[Linda Frances]

Are we nuts? We know that every country spies and steals, right?

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Wait for Putins half price sale courtesy of snowden.