Daily SectionMarker

Misc SectionMarker

Weekly SectionMarker

Weekly SectionMarker

Pakistan's Internet Magazine
Herald
Dawn GroupMarker

Archive, Search, Feedback & HelpMarker

Weather
Dawn Classified



FrontPage National International Local Business KSE Forex Sports Editorial Opinion Letters Features Today's Cartoon PTV 2 Guide Cowasjee Ayaz Mazdak Review Dawn Magazine Young World Images Dawn Group Subscription To Advertise

DINA
Previous Story DAWN - the Internet Edition


09 February 2004 Monday 17 Zilhaj 1424






India, Israel near $1.1bn Phalcon deal


AL QUDS, Feb 8: Israel is likely to sign a $1.1 billion deal to send three Phalcon early warning radar systems to India within a month, an Israeli defence industry executive said on Sunday.

The two countries struck a preliminary deal in October and made further progress last week when Moshe Keret, head of Israel Aircraft Industries (IAI), was in India.

"We are expecting to sign in a very short period of time a deal with three Phalcons going to India worth $1.1 billion," the executive said. "I assume it will be within a month," he said, noting that only minor issues were holding up the completion.

IAI, the maker of the Phalcon systems, would deliver the first system in 18 to 24 months. The Israeli defence executive said the United States had given Israel the green light to sell the Phalcons - to be mounted on Russian aircraft - to India. The Phalcon can pick up aircraft, including at low altitude, hundreds of kilometres away in any weather, day or night. -Reuters




Previous Story Top of Page

© The DAWN Group of Newspapers, 2004