The Economic Times
English Edition
| E-Paper
Search
+

    Defence ministry pact with US to procure MK 54 torpedo, expendables worth Rs 423 crore

    Synopsis

    "The Ministry of Defence signed a contract with the US government under #ForeignMilitarySale (FMS) for procurement of MK 54 Torpedo and Expendable (Chaff and Flares) for the Indian Navy at a cost of Rs 423 crore," defence ministry's spokesperson said on Twitter.

    Agencies
    The Indian Navy has a total of 11 P-8I aircraft, which are manufactured by US aerospace company Boeing, in its fleet.
    The defence ministry has signed a contract with the US government to procure MK 54 torpedo and expendables such as chaff and flares for the Indian Navy's anti-submarine warfare aircraft P-8I at a cost of Rs 423 crore, its spokesperson said on Friday. The Indian Navy has a total of 11 P-8I aircraft, which are manufactured by US aerospace company Boeing, in its fleet.

    In addition to anti-submarine warfare capabilities, the P-8I aircraft is known for its advance maritime reconnaissance capabilities.

    "The Ministry of Defence signed a contract with the US government under #ForeignMilitarySale (FMS) for procurement of MK 54 Torpedo and Expendable (Chaff and Flares) for the Indian Navy at a cost of Rs 423 crore," defence ministry's spokesperson said on Twitter.

    "These weapons are the outfit of P-8I aircraft," the spokesperson added.
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    The Economic Times

    Stories you might be interested in