Israel to pip US as India's largest arms supplier with Barak missiles, UAVs
BREAKING NEWS - Israel is set to overtake the US and become India’s largest foreign arms supplier in 2016-17 with lucrative contracts to supply advanced anti-aircraft and antimissile defence systems to the army and navy. On Thursday, Israel Aerospace Industries (IAI) announced the award of Indian defence contracts totalling “almost $2 billion” (Rs 13,000 crore). One mega-contract worth over $1.6 billion, which an IAI release termed “the largest defense contract in Israel's defense