# IAI receives $1.6bn contract for MRSAM missiles from Indian Army

Israel Aerospace Industries received a contract worth more than $1.6 billion to deliver advanced medium-range surface-to-air missiles (MRSAM) to the Indian Army. The system was co-developed with India's DRDO.

- Type: Contract
- Announced: 2017-04-10
- Where: India
- Value: $1.60B
- Status: announced
- Products: medium-range surface-to-air missiles, air and missile defence systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Israel Aerospace Industries](https://endata.com/companies/22308.md) (supplier)
- [Indian Army](https://endata.com/companies/23498.md) (customer)
- [Defense Research and Development Organization](https://endata.com/companies/23499.md) (partner)

## Sources

- [army-technology.com](https://www.army-technology.com/news/newsiai-receives-contracts-totalling-over-16bn-to-deliver-mrsam-to-indian-army-5782821/), 2017-04-10: "The current contracts represent an enormous expression of confidence by the Government of India in IAI's capabilities and advanced technologies, which are being developed with our local partners as part of the Indian Government's 'Make in India' policy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.