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Indian Navy gets first surface-to-air missile jointly developed with Israel

04:01 PM | 1 Sep, 2017
Indian Navy gets first surface-to-air missile jointly developed with Israel
NEW DELHI - The first Indian produced Long Range Surface to Air missile by Israel Aerospace Industries has been given to the Indian Navy, according to Jerusalem Post.

The delivery was made by Indian Minister of Defense Arun Jaitley earlier this week after the missile was presented to him by IAI and Indian business officials in Hyderabad.

The LRSAM, or Barak-8 naval air defense system, is jointly developed by India’s Defense Research and Development Organization (DRDO) in close collaboration with Israel's Israel Aircraft Industry (IAI).

The production lines integrated Israeli-made and Indian-made assemblies for the weapon.

IAI said the missile features advanced phased-array radar and command-and-control system, launchers and missiles with advanced RF seekers for protection against a variety of aerial, naval and airborne threats.

The LRSAM is operational with the Indian air force, Indian navy and Israel Defense Forces.

India is Israel's top destination for arms exports, buying 41 per cent of export between 2012 and 2016, according to the Stockholm International Peace Research Institute, an independent global conflict and arms-research institute.

Israel is India's third-largest source of arms, with a 7.2 per cent share of imports between 2012 and 2016, next to the US (14 per cent) and Russia (68 per cent).

The writer is a member of the staff.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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