Israeli State-Owned Defense Contractor
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Expanding India operations with technology transfer agreements for Air LORA, Ice Breaker, and SPICE families amid Western arms embargoes
India's Defence Acquisition Council approved an $8.7 billion arms package from Israel in January 2026, headlined by 1,000 SPICE-1000 precision bomb kits (125-kilometer range, GPS-jammed capable), air-to-air missiles, loitering munitions, radars, and networked command systems. India is also acquiring Air LORA missiles (400 kilometers), Ice Breaker missiles (300 kilometers), and Rampage missiles with full technology transfer for domestic production. The purchase makes India Israel's largest defense customer, now accounting for 34% of Israeli arms exports from 2020-2024.
Updated 5 days ago
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