Kalyani Rafael Advanced Systems bags order from Indian Army
The joint venture of Kalyani Group and Rafael Advanced Defence Systems Ltd, Kalyani Rafael Advanced Systems Pvt Ltd (KRAS) has bagged an order from the Indian Army for an undisclosed number of Israeli Spike anti-tank guided missiles (ATGMs). The contract is worth Rs 287 crore.
Spike is a family of ATGMs with various ranges and configurations, ranging from the Spike SR short-range man-portable missile to the helicopter-launched Spike non-line-of-sight (NLOS) missiles. The Spike missiles are fully assembled in India, with the exception of the explosives and propellants.
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