Kalyani Rafael Advanced Systems (KRAS), a joint venture between Kalyani Strategic Systems and Rafael Advanced Defense Systems, has received a $100 million contract from Rafael to supply 1,000 Barak-8 MRSAM (Medium-Range Surface-to-Air Missile) kits for the Indian Army and Air Force.
The joint venture was established with the vision of manufacturing weapon systems required by the Indian Defense Forces, as well as for the export market. KRAS is expected to ramp up its employees to 300 technical experts by 2023.
“Rafael has a rich history of collaboration with India’s defense industries, resulting in multiple joint ventures and subsidiaries around the world and in India,” the Israeli company said in a release. “These partnerships, over the past two decades, have led Rafael to set up local partnerships to support its domestic needs as well as a global supply chain,” it added.
Jointly developed by IAI and its subsidiary ELTA Systems, India’s Defense Research and Development Organization (DRDO), the Directorate of Defense Research & Development at Israel’s Ministry of Defense, Rafael and other companies, Barak 8 is a surface-to-air missile designed to defend against airborne threats including fighter jets, helicopters, and UAVs, as well as ballistic missiles, cruise missiles, and anti-ship missiles.
Brig. Gen. (res.) Pini Yungman, EVP and Head of Rafael’s Air Defense Systems Division, emphasized KRAS’s commitment to the operational readiness of the Indian Army and Indian Air Force. “We at Rafael are proud of our role – not only in KRAS – but also of our participation in ‘Make in India’, and our strong relationship with the vibrant talent across India’s defense industries. As we mark the end of this project, we look forward to celebrating many more milestones with KRAS, as well as with our many other partners in India.”
Mr. Baba Kalyani, Chairman of the Kalyani Group: “This order is a testimony to the capabilities that exist in the country and how they can be utilized to truly achieve the aim of ‘Make in India.’ Kalyani Group is immensely proud of this achievement and our association with Rafael. We are confident in our ability to realize many more such orders.”