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India signs $93-million deal with US for Javelin anti-tank system, Excalibur projectiles
Financial Express Hyderabad
|November 21, 2025
THE US HAS approved the sale of Excalibur guided artillery projectiles, Javelin antitank missile system and related equipment worth nearly $93 million to India, saying it will improve the country’s capability to strengthen its defence and deter regional threats.
The proposed sale would be India's first major purchase of US defence equipment after President Donald Trump doubled tariffs on Indian goods to 50% in August for the country's purchases of Russian oil.
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