MoD signs Rs 5,083 Cr. deals for ALH Mk-III helicopters, VL-Shtil missiles is drawing significant interest across the industry.
NEW DELHI, Mar 3: The Ministry of Defence on Tuesday signed two major defence contracts worth Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III in Maritime Role for the Indian Coast Guard and Surface-to-Air Vertical Launch (VL)-Shtil missiles for the Indian Navy. The contracts were inked in the presence of Defence Secretary Rajesh Kumar Singh at South Block in New Delhi. The contract for six ALH Mk-III (MR) helicopters, along with operational role equipment, engineering […]
Experts suggest this could influence future trends and innovation in the sector.
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