Defence Ministry clears procurement projects of over Rs 7,000 crore

The Defence Ministry cleared procurement projects worth over Rs 7,000 crore including the long-pending acquisition of 145 Ultra Light Howitzers.

NEW DELHI: Speeding up the military modernisation process, the Defence Ministry today cleared procurement projects worth over Rs 7,000 crore including the long-pending acquisition of 145 Ultra Light Howitzers from the US under a Rs 3,000-crore deal.

The decision to go ahead with the procurement of 145 M777 howitzers from the US under the Foreign Military Sales (FMS) route and several other items was taken at a meeting of the Defence Acquisition Council (DAC) headed by Defence Minister A K Antony.

The DAC also cleared a proposal to procure over 65 radars for the L-70 air defence guns which will be worth over Rs 3,000 crore, Defence Ministry sources told PTI here.

The projects approved by the DAC will now be put up before the Finance Ministry for clearance before they are taken up by the Cabinet Committee on Security (CCS) for final approval.

The Ultra Light Howitzers of 155 mm (39 caliber) were being acquired for deployment in high altitude areas in Arunachal Pradesh and Ladakh, the sources said, adding that this would be the first acquisition of howitzers by the Army in the last 26 years.

After the Bofors controversy in 1986, no new gun has been procured by the Army for its artillery.
ADVERTISEMENT

The M777 guns, manufactured by the BAE Systems of the US, can be airlifted easily and be used for quick deployment of assets in mountainous regions.

The go-ahead for procurement of these guns had been cleared by a high-level committee headed by DRDO chief V K Saraswat.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Defence Ministry clears procurement projects of over Rs 7,000 crore
Text Size:AAA
Success
This article has been saved

*

+