MoD Signs MoU of Rs 30,400 Cr for Missiles, Warships, Radars

New Delhi: The Ministry of Defence on Thursday announced Rs 30,400 crore worth of contracts for missiles, warships, and radars. The focus of these contracts is on indigenous manufacturing and strengthening air defence and capabilities at sea and land.

A contract was inked with BrahMos Aerospace Private Limited (BAPL) for the procurement of long-range next-generation maritime mobile coastal batteries of the BrahMos missiles. This contract is worth more than Rs 1,700 crore. BrahMos has already been inducted into the armed forces. The MoD has also signed contracts for an improved Akash weapon system and 12 weapon-locating radars ‘Swathi’ for the Army at a cost of more than Rs 9,100 crore. Bharat Dynamics Limited will execute it for Rs 8,160 crore. Around 60 per cent of the project cost will be awarded to the private industry, including MSMEs.

A contract for Swathi radars was signed with Bharat Electronics Limited (BEL) at a cost of over Rs 990 crore. It is capable of locating enemy guns, mortars and rockets.

The MoD signed contracts with Indian shipyards for the acquisition of 11 next-generation offshore patrol vessels and six next-generation missile vessels (NGMVs) at an overall cost of Rs 19,600 crore. The contract for the acquisition of 11 offshore patrol vessels was signed with Goa Shipyard Limited (GSL) and Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, at a cost of Rs 9,781 crore. Of the 11 ships, seven will be indigenously designed, developed, and manufactured by GSL and four by GRSE. The contract for the acquisition of six missile vessels was signed with Cochin Shipyard Limited (CSL) at a cost of Rs 9,805 crore.