The development of the new assault rifle, that should eventually replace in service the ageing M16A1, CAR-15 and IMI Galil assault rifles, began in Israel in the 1991. The new rifle was developed by the Israel Military Industries (IMI, now TAAS) company, in close cooperation with the Israeli Defense Forces (IDF). This new rifle received the name of "Tavor" and the designation of TAR-21 (Tavor Assault Rifle, for 21st century). The new rifle first appeared on public in the 1998, and it had been tested by the IDF during 1999-2002. At the moment of writing (spring of 2003) there were no large purchases of the Tavor by the IDF, because of low funding, but late in the 2002 India signed an US $20M contract with IMI for undisclosed number of TAR-21 assault rifles and Galatz sniper rifles.