The Indian Army (IA) has signed a Letter of Offer and Acceptance (LOA) with the USA to procure 100 FGM-148 Javelin Anti-Tank Guided Missile (ATGM) systems through the Foreign Military Sales (FMS) route. The deal is valued at $93 million.
The agreement also establishes a framework for the potential future co-production of the missile systems in India. The FGM-148 Javelin is manufactured by the Javelin Joint Venture (JV), a partnership between USA-based RTX Corporation and Lockheed Martin Corporation.