MoD signs Rs 39,125 cr deals for BrahMos missiles, MiG-29 jets
New Delhi, March 1
The Ministry of Defence today sealed five major defence acquisition contracts worth Rs 39,125 crore, including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29 jets as part of efforts to boost the combat capabilities of the armed forces. The contracts were signed in the presence of Defence Minister Rajnath Singh and Defence Secretary Giridhar Aramane.
The deal for the procurement of aero-engines for MiG-29 aircraft was signed with Hindustan Aeronautics Limited (HAL) and the cost of the project will be Rs 5,249.72 crore. The aero-engines will be produced at the Koraput division of HAL.
Two separate contracts have been inked with Larsen & Toubro Limited — one for the procurement of Close-in Weapon System and other for High-Power Radar (HPR).
The contract for the procurement of HPR has been signed at a cost of Rs 5,700.13 crore. It will replace the existing long-range radars of the lAF.
The ship-borne BrahMos system will come at cost of Rs 988.07 crore. It is Navy’s primary weapon for maritime strike operations. “The system is capable of hitting land or sea targets from extended ranges with pinpoint accuracy at supersonic speeds,” the ministry said. The contract for BrahMos missiles comes at a cost of Rs 19,518.65 crore.
