MoD signs Rs 1,188 cr contract with Hyderabad PSU for Anti-Tank Guided Missiles
The Acquisition Wing of Ministry of Defence signed a contract with Hyderabad-based defence public sector undertaking, Bharat Dynamics Limited (BDL) for the supply of 4,960 MILAN-2T Anti-Tank Guided Missiles (ATGMs) to the Army at a cost of Rs 1,188 crore.
By Newsmeter Network Published on 19 March 2021 10:59 AM GMT
Hyderabad: The Acquisition Wing of Ministry of Defence signed a contract with Hyderabad-based defence public sector undertaking, Bharat Dynamics Limited (BDL) for the supply of 4,960 MILAN-2T Anti-Tank Guided Missiles (ATGMs) to the Army at a cost of Rs 1,188 crore. The contract was signed in New Delhi on Friday.
This move is said to further boost the 'Make in India' initiative of the Central government. It is a 'Repeat Order' of a contract that was signed with BDL on 8 March, 2016. The Milan-2T is a Tandem Warhead ATGM with the range of 1,850 metres, produced by BDL under license from the MBDA Missile Systems, France.
These missiles can be fired from the ground as well as vehicle-based launchers and can be deployed against tanks for both offensive and defensive tasks. Induction of these missiles will further enhance the operational preparedness of the Armed Forces and the induction is planned for completion in three years.
"This project is a big opportunity for the defence industry to showcase its capability and will be a step in the direction of achieving the goal of 'Atmanirbhar Bharat' in the defence sector," said a release from the defence ministry.
