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Friday, October 19, 2012

Rs. 8,000 crore cleared for BrahMos, Invar missiles

Air Launched Brahmos |The Cabinet Committee on Security (CCS), the highest decision making body for security issues headed by Prime Minister Dr Manmohan Singh, today cleared the acquisition of air-launched version of BrahMos missiles for the Russian-made Su-30 MKi air planes and Russian made Invar anti-tank missiles.

The acquisition is estimated to cost the Indian exchequer Rs. 8000 crore.

Earlier, in March, 2012, in a letter to the Prime Minister and Defence Minister A K Antony, former Army Chief General V K Singh had highlighted severe shortfalls in ammunitions and missiles and had pointed out the Indian Army had tank ammunition for three-four days only.

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