Current Affairs - National - Discussion

The multi-purpose Barak 8 missile defence system, jointly developed by India and Israel, will be procured by the Israeli Navy to protect its economic zones and strategic facilities from diversified threats and the sales for it have exceeded USD 5 billion. Barak-8 is an operational air and missile defense system used by the Israeli Navy as well as by the Indian Navy and air forces. Barak 8 has been jointly developed by Israel Aerospace Industries (IAI), India's DRDO, Israel's Administration for the Development of Weapons and Technological Infrastructure, Elta Systems, Rafael and some other Indian defence companies.