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Tuesday, December 24, 2013

Antony finally clears long-pending controversial deal for Israeli Barak missiles

Barak missileDefence minister A K Antony has finally bitten the bullet. With the CBI deciding to close the infamous seven-year-old Barak kickbacks case for lack of evidence, the defence ministry on Monday cleared the long-pending "critical" naval procurement of an additional 262 Israeli Barak-I missiles for Rs 880 crore.

The Antony-led Defence Acquisitions Council (DAC) also gave the green signal for two other delayed naval projects for 16 anti-submarine warfare (ASW) warships capable of operating in "shallow waters'' for Rs 13,440 crore and two diving support vessels meant for rescuing sailors from disabled submarines for Rs 1,500 crore.

The Rs 300 crore purchase of 41 Dhruv advanced helicopters, manufactured by Hindustan Aeronautics Ltd (HAL), was also cleared in the meeting.

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