The Indian defence ministry has sanctioned the proposal put forward by the Indian Navy, to purchase nine technologically advanced versions of the Medium Range Maritime Reconnaissance (MRMR) aircrafts.
The proposed deal is estimated to cost the defence ministry around INR 50 billion. The new additions will come in handy for the Indian Navy, which had finalized a similar deal for the even more expensive Long Range Maritime Reconnaissance (MRMR) aircrafts in 2009.
The deal with the Boeing Defense, Space & Security for the purchase of eight Boeing P-8 Poseidon aircrafts was finalized in 2009.
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