Defence Monitor

military equipment

Defence Ministry inks MoU worth Rs 39,125cr to procure military equipment

Defence Ministry inks MoU worth Rs 39,125cr to procure military equipment

New Delhi, March 1, Ministry of Defence (MoD) on Friday said that it has signed five major capital acquisition contracts worth Rs 39,125.39 crore to procure military equipment which includes procurement of Aero-engines for MiG-29 aircraft, Close-in Weapon System (CIWS), high-power radar and ship-borne BrahMos system. The ministry said that out of the five contracts, one has been signed with Hindustan Aeronautics Limited for procurement of Aero-engines for MiG-29 aircraft; two contracts have been signed with Larsen and Toubro Limited for procurement of CIWS and procurement of High-Power Radar (HPR); while two more contracts have been signed with BrahMos Aerospace…
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