Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
News18 » Auto
1-min read

Purchases Worth Rs 7,500 Cleared for Indian Air Force in Last 2 Months

The purchases are based on a plan finalised by the IAF to address its short-term requirements. After the Balakot strikes, the government is undertaking measures to strengthen the IAF's combat prowess.

PTI

Updated:July 30, 2019, 12:00 PM IST
facebookTwitterskypewhatsapp
Purchases Worth Rs 7,500 Cleared for Indian Air Force in Last 2 Months
Image for representation. (Reuters photo)
Loading...

The Indian Air Force has finalised a raft of purchases worth Rs 7,500 crore including missiles, precision-guided bombs and latest avionics in the last two months, official sources said. The purchases included procurement of a batch of air-to-air missiles from Russia at a cost of around Rs 1,000 crore to make the Sukhoi fighter fleet of the IAF more lethal, they said. Last month, the government signed a Rs 300 crore deal with an Israeli defence firm to procure a batch of SPICE 2000 guided bombs. The IAF had used SPICE bombs in its strikes on a terrorist training camp in Pakistan's Balakot on February 26.

The purchases are being made based on a plan finalised by the IAF to address its short-term requirements. After the Balakot strikes and subsequent Pakistani retaliation, the government is undertaking several measures to strengthen the IAF's combat prowess. The government has recently decided to fast-track integration of Brahmos supersonic cruise missiles into over 40 Sukhoi fighter jets under a closely-guarded project. Official sources said modernisation of the IAF is a key priority area for the government and a raft of purchases worth around Rs 7,500 crore were sanctioned since the Modi government came to power for the second time on May 30.

Sources said the government had carried out a review of the IAF's February 26 airstrikes deep inside Pakistan's Balakot and the consensus was that the adversary would not have dared to retaliate the next day if India possessed superior air defence system as well as strike capability. In this context, the government decided to take a series of steps to bolster the IAF's overall combat capability, they said.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results