India signs ₹858 crore defence deals with Russian and U.S. firms
The Ministry of Defence signed two contracts worth ₹858 crore to bolster India's defence capabilities and partnerships. A ₹445 crore deal was signed with Russian agency JSC Rosoboronexport for the Tunguska Air Defence Missile System for the Army, enhancing multi-layered air defence against aerial threats. Concurrently, a ₹413 crore contract was signed with U.S. firm Boeing India Defense Private Limited for depot-level inspection of the Navy's P-8I Long-Range Maritime Reconnaissance Aircraft. This U.S. deal falls under the 'Buy Indian' category with 100% indigenous content, promoting in-country MRO and Aatmanirbhar Bharat initiative.
Key Points
- India's Ministry of Defence signed two significant defence contracts totaling ₹858 crore.
- A ₹445 crore contract was signed with Russia's JSC Rosoboronexport for the Tunguska Air Defence Missile System for the Army.
- A ₹413 crore contract was signed with U.S. firm Boeing India Defense Private Limited for maintenance of the Navy's P-8I Long-Range Maritime Reconnaissance Aircraft.
- The deal with the U.S. firm is under the 'Buy Indian' category with 100% indigenous content, supporting the Aatmanirbhar Bharat initiative.
- These agreements reinforce India's balanced defence partnerships with both Russia and the United States.
Exam Facts
- Total deal value: ₹858 crore.
- Russian deal value: ₹445 crore for Tunguska Air Defence Missile System.
- U.S. deal value: ₹413 crore for P-8I Long-Range Maritime Reconnaissance Aircraft maintenance.
- Indian initiatives: 'Buy Indian' category, Aatmanirbhar Bharat, Make in India.
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