>Israel to supply Missile Defence systems to India for $777 Million
Israel to supply Missile Defence systems to India for $777 Million

Israel to supply Missile Defence systems to India for $777 Million

Israel to supply missile defence systems to India for $777 million: – Israeli warplanes hit several locations in the Gaza Strip early on Thursday causing extensive damage to property in the besieged territory, according to the Palestinian news agency, WAFA.

The fighter jets targeted a military compound in the northern Gaza Strip and a training facility and a munitions manufacturing and storage site in the south, the Israeli military said in a statement.

An Israeli army spokeswoman said the raids were in response to a rocket fired from Gaza which caused no casualties or damage but which evaded Israel’s Iron Dome defence system, triggering an inquiry.

Hamas, which governs the besieged strip, said there were no casualties in the attacks.

It comes a week after Israel carried out 20 air attacks following a rocket attack in the southern Israeli city of Beersheba.

Crippling blockadeIsrael also announced temporary suspension of fuel deliveries to Gaza, which has been under an air, water and land blockade imposed by Israel since 2007.

Hamas and its allies disavowed the recent rocket fire blaming fringe groups bent on sabotaging UN and Egyptian efforts to broker a long-term truce in return for a relaxation of the crippling 11-year blockade of the territory.

But Israel has vowed repeatedly to hold Hamas responsible for any rocket fire regardless of who launched it.

The air attacks come amid months of tension between Israel and Palestinian protesters.

The protesters have been demanding an end to Israel’s blockade and the right of return to land now inside Israel, from which their families were expelled in the 1948 war that led to the creation of Israel.

Palestinians refer to the war and accompanying displacement of roughly 700,000 as the “Nakba”, or “Catastrophe”.

More than 200 Palestinians have been killed in the territory by Israeli fire since the Great March of Return protests began on March 30. The air force on Wednesday struck a position in Gaza used by protesters to launch incendiary balloons into Israel, the military said.

Though the protests have been largely peaceful, some protesters have employed fire kites and balloons that burned large areas of Israeli farmland causing hundreds of thousands of dollars worth of crop losses.

A leading state-run Israeli defence company said on Wednesday it has signed a USD 777 million contract with India for the supply of Barak 8 long-range surface-to-air defence missiles and missile defence systems for the Indian Navy, media reports here said.

The Indian military capability to take down hostile aircraft and missiles received a significant boost last April when India and Israel signed deals worth $2 billion for advanced surface-to-air missile systems.

As part of that deal, IAI is providing the Indian Army with advanced medium-range surface-to-air missile (MRSAM) systems.

The $2 billion contract was the single largest contract in the history of Israel’s defence industry.

The MRSAM is the army version of the LRSAM deployed on Indian warships.

IAI CEO Nimrod Sheffer said in Tel Aviv, “This deal ($777 million one) reflects the direction in which IAI is heading: business focus, profitability and growth. He added that India was a major market for IAI and the firm planned to reinforce its position in India amid increasing competition.

The Indian Navy had carried out the first firing of LRSAM in December 2015. The firing trial from INS Kolkata was jointly carried out by the Indian Navy, the Defence Research and Development Organisation and the IAI.

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