http://www.worldtribune.com/worldtribune/WTARC/2007/me_military_07_19.asp
India, Israel to jointly $2.5 billion
missile defense system
LONDON — India and Israel have agreed to the joint development of an air and missile defense system.
Indian sources said New Dehli has agreed to pay $2.5 billion to develop an air and missile defense umbrella in a project with Israel. The sources said the project envisioned a network of batteries that could intercept incoming missiles, aircraft and unmanned aerial vehicles.
"India will jointly develop and co-produce a new generation of medium range surface-to-air missiles with Israel to secure the country's strategic assets from growing threats posed by aerial attacks and the proliferation of missiles in the region," the New Dehli-based Indian Government News reported.
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