Wednesday, January 03, 2007

Defense: India is Israel's biggest arms buyer

Arms purchases of $1.5 billion has made India, Israel's biggest arms customer.

The "Pakistani Newspaper" quotes Maj Gen. Yossi Ben-Hanan, head of SIBAT, the Foreign Defense Assistance and Defense Export Department at the defence ministry, as saying, "India was Israel's biggest customer with purchases reaching $1.5 billion."

It included Israel's single largest sale to a foreign country made by the Israel Aircraft Industries in the sale of the Barak Naval anti-missile defense system, valued at around $450 million.

In regard to America's sales of weapons to India, Ben-Hanan said, "America sells fighter jets, tanks and helicopters and we do not compete with them" adding that it may even lead to an increase.