New Delhi 19 March (KNB): Acquisition Wing of Ministry of Defence (MoD) signed a contract with Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) for supply of 4,960 MILAN-2T Anti-Tank Guided Missiles (ATGMs) to Indian Army at a cost of Rs 1,188 crore, in New Delhi on Friday.
A statement by the MoD said, this will further boost the ‘Make in India’ initiative of the Government.
“It is a ‘Repeat Order’ of contract, which was signed with BDL on March 08, 2016,” officials stated.
The Milan-2T is a Tandem Warhead ATGM with the range of 1,850 metres, produced by BDL under license from MBDA Missile Systems, France.
“These missiles can be fired from ground as well as vehicle-based launchers and can be deployed in Anti-Tank Role for both offensive & defensive tasks,” officials stated, adding that the induction of these missiles will further enhance the operational preparedness of the Armed Forces.
Moreover the induction is planned to be completed in three years.
Officials further stated that 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. (KNB)