Spike anti-tank missile deal with India back on track: Netanyahu
Israeli-made Spike missiles on parade during a ceremony marking the 65th anniversary of the founding of South Korea's armed forces at an air base in Seongnam, south of Seoul.(File Photo)
The Spike guided missile is a fire-and-forget heat-seeking system fitted with infrared seekers manufactured by Israel's Rafael Advance Defence Systems. It was due to be brought by India but the Indian defence ministry rejected the deal ahead of Netanyahu's visit.
The deal between Rafael and India was worth $500 million.
However, on Wednesday, Israel's Jerusalem Post reported the deal was back on track after the newspaper quoted Prime Minister Benjamin Netanyahu saying that, "India will buy Israel's anti-tank spike missiles," Israel's daily newspaper Haaretz added that the final details of the deal were being worked out.
The deal was "back on the table", Haaretz reported. The paper also quoted Israel's national security adviser Meir Ben- Shabbat declaring that current talks were moving in a positive direction.
In a statement later, Netanyahu said: "Following the talks I had with my friend Prime Minister Narendra Modi, the Indian government has informed us that it is putting the Spike deal back on track."
"This is very important and there will be many more deals," the Israeli PM added.
Netanyahu said India was ready to review the 2014 agreement.
Prior to Netanyahu's visit, India's defence ministry had announced India will be buying 131 surface-to-air missiles from Israel.
Spike guided missile is a fire-and-forget heat-seeking system fitted with infrared seekers manufactured by Israel's Rafael Advance Defence Systems.