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India buys bombs and missiles

Fiinews by Fiinews
January 2, 2018
in Imports, Investment, Technology
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Defence Minister starts New Year with arsenal purchase

Minister SitharamanSitharaman (file picture).

Defence Minister Nirmala Sitharaman cleared two procurement proposals for acquiring Russian bombs and Israeli missiles in New Delhi on 2 Jan 2018 .

The first proposal is related to procurement of 240 bombs, at a cost of Rs.1,254 crore from JSC Rosonboron Exports, Russia.

These bombs, which fall under the category of Precision Guided Munitions, are used by Indian Air Force (IAF).
This procurement will address the deficiency of Precision Guided Munitions in the IAF arsenal, besides enhancing the offensive capabilities of the IAF.

The second proposal pertained to procurement of 131 Barak Missiles and associated equipment, under option clause from Rafeal Advance Defence Systems Ltd., Israel.

Costing Rs.460 crore, these missiles are surface to air missiles designed to be used as a ship-borne anti-missile defence system against anti-ship missiles. fii-news.com

Tags: Defence MinisterNirmala Sitharaman.
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