NEW DELHI: Israel has upstaged the US in the ongoing race to bag the huge deal to supply third-generation anti-tank guided missiles (ATGMs) to the Indian Army, in a project which could well be worth $1 billion eventually.
Defence ministry sources said the plan to go in for the American FGM-148 Javelin ATGMs has "virtually been shelved" because of Washington's reluctance to provide full military knowhow - licensed "transfer of technology (ToT)'' - to allow India to indigenously manufacture the "tank killers'' in large numbers after an initial off-the-shelf purchase.
Full Story : Israel pips US in anti-tank guided missile supply to India
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