India's Ministry of Defence has signed two contracts totalling Rs 858 crore. A Rs 445 crore deal was inked with Russia for Tunguska missiles for the Army, and a Rs 413 crore contract with Boeing India for P8I aircraft MRO for the Navy.
The Ministry of Defence has signed contracts, worth a total of Rs 858 crore, for the procurement of Tunguska Air Defence Missile System and Inspection (Depot Level) of P8I Long-Range Maritime Reconnaissance Aircraft. The contracts were inked at Kartavya Bhawan-2, New Delhi on Friday, as per a release by Ministry of Defence.
Tunguska Missile Deal with Russia
The contract for the procurement of Tunguska Air Defence Missile Systems, valued at Rs 445 crore, for the Indian Army, was signed with JSC Rosoboronexport, Russia, in the presence of Defence Secretary Rajesh Kumar Singh. These cutting-edge missiles will enhance India's multilayered air defence capabilities against aerial threats including aircraft drones and cruise missiles. The agreement will further strengthen the Indo-Russian strategic defence partnership.
P8I Aircraft Maintenance Contract with Boeing
The contract for the Inspection (Depot Level) of P8I Long-Range Maritime Reconnaissance Aircraft for the Indian Navy under Buy Indian category with 100% Indigenous Content, valued at Rs 413 crore, was signed with Boeing India Defence Private Ltd, a wholly owned Indian subsidiary of Boeing, in the presence of senior officials of the Ministry of Defence. This contract will ensure Depot-level maintenance of P8I fleet at the in-country MRO (Maintenance, Repair, and Overhaul) facility, which is in line with Government of India's commitment to Aatmanirbhar Bharat and Make-in-India. (ANI)
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