Monday, Apr 15 2024 | Time 15:52 Hrs(IST)
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India


Defence Ministry signs five capital acquisition contracts worth Rs 39,125.39 cr

Defence Ministry signs five capital acquisition contracts worth Rs 39,125.39 cr

New Delhi, Mar 1 (UNI) As part of ‘Aatmanirbharta in Defence’ and to further boost make-in-India initiative, the Defence Ministry on Friday signed five major capital acquisition contracts worth Rs 39,125.39 crore here.

Out of the five contracts, one was with M/s Hindustan Aeronautics Limited for procurement of aero-engines for MiG-29 aircraft, two with M/s Larsen & Toubro Limited for procurement of Close-in Weapon System (CIWS) and procurement of High-Power Radar (HPR) and two with M/s BrahMos Aerospace Private Limited (BAPL) for procurement of BrahMos missiles and procurement of ship borne BrahMos system for the Indian Defence Forces.
These deals will further strengthen indigenous capabilities, save foreign exchange and reduce dependency on foreign origin equipment manufactures in future.

The contracts were exchanged in presence of Defence Minister Rajnath Singh and Defence Secretary Giridhar Aramane, under whose guidance these deals fructified, a Defence Ministry statement said.

The contract for RD-33 Aero Engines for MiG-29 aircraft has been signed with M/s Hindustan Aeronautics Limited (HAL) at a cost of Rs 5,249.72 crore. These aero-engines will be produced by the Koraput Division of HAL. These aero-engines are expected to fulfill the need of Indian Air Force (IAF) to sustain the operational capability of the MiG-29 fleet for the residual service life.

The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM.
The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.

The contract for procurement of CIWS has been signed with M/s Larsen & Toubro Limited at a cost of Rs 7,668.82 crore. CIWS will provide terminal Air Defence to select locations of the country. The project will boost and encourage active participation of Indian aerospace, defence and associated industries including MSMEs.

The contract for procurement of HPR has also been signed with M/s Larsen & Toubro Limited at a cost of Rs 5,700.13 crore. It will replace existing long-range radars of lAF with modern Active Aperture Phased Array based HPR with advanced surveillance features.

It will significantly enhance the terrestrial Air Defence capabilities of IAF with integration of sophisticated sensors capable of detection of small radar cross section targets. It will boost to indigenous radar manufacturing technology as it would be first of its kind radar built by the private sector in India.

The contract for procurement of BrahMos missiles has been signed with M/s BrahMos Aerospace Private Limited (BAPL) at a cost of Rs 19,518.65 crore. These missiles would be utilized to meet combat outfit and training requirements of Indian Navy.

The contract for procurement of ship borne BrahMos system has been signed with M/s BrahMos Aerospace Private Limited (BAPL) at a cost of Rs 988.07 crore. This system is the Indian Navy's primary weapon for maritime strike operations fitted onboard various frontline warships. The system is capable of hitting land or sea targets from extended ranges with pinpoint accuracy at supersonic speeds.
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