Israeli State-Owned Defense Contractor
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Expanding India operations with technology transfer agreements for Air LORA, Ice Breaker, and SPICE families amid Western arms embargoes
India's Defence Acquisition Council approved an $8.7 billion arms package from Israel in January 2026—1,000 SPICE-1000 precision bomb kits that can hit targets 125 kilometers away in GPS-jammed environments, plus air-to-air missiles, loitering munitions, radars, and networked command systems. The deal cements India as Israel's largest defense customer, accounting for 34% of Israeli exports from 2020-2024. Within days, reports emerged that India is also acquiring Air LORA ballistic missiles (400-kilometer range), Ice Breaker cruise missiles (300-kilometer range), and additional Rampage missiles, with full technology transfer agreements enabling domestic production.
Updated Jan 31
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