MoD Signs Major Contracts to Boost Indigenous Defence Manufacturing

 

Ministry of Defence (MoD) signed five major capital acquisition contracts worth Rs 39,125.39 crore in New Delhi.

Contracts include procurement of Aero-engines for MiG-29 aircraft, Close-in Weapon System (CIWS), High-Power Radar (HPR), BrahMos missiles, and Ship-borne BrahMos system.

Deals aim to strengthen indigenous capabilities, save foreign exchange, and reduce dependency on foreign equipment manufacturers.

Aero engine contract with Hindustan Aeronautics Limited (HAL) to sustain operational capability of MiG-29 fleet, emphasizing indigenisation and technology transfer.

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