The Indian Ministry of Defence (MoD) has changed its plans to purchase a $500 million worth of Spike missile from Israel. According to a statement made by Israeli defence company Rafael on January 3rd, India abandoned its plan and cancelled the order.
The procurement plan was announced in March 2017 and covered 321 Spike ATGM launchers, 8 thousand 356 missiles, 15 training simulators and associated equipment. The contract included an option to build another one thousand 500 launcher systems and about 30 thousand additional missiles under technology transfer to state-owned Bharat Dynamics Limited.
The Indian MoD has yet to comment on the cancellation.
