Kalyani-Rafael JV to make 1000 Barak-8 kits
At a ceremony earlier today, RAFAEL Executive Vice President & General Manager of the Air & Missile Defense Systems Division, Brigadier General (ret.) Pini Yungman, presented to Kalyani Rafael Advanced Systems Ltd, India (KRAS) a $100 Million contract for manufacturing 1,000 BARAK-8 MRSAM missiles' kits which in turn would be supplied to BDL for further integration. KRAS is a 49:51 ratio Joint Venture between RAFAEL Advanced Systems and Kalyani Strategic Systems Ltd, with the Indian partner holding 51%.