The Defence Ministry on Friday finalised a deal with the domestically-run Bharat Dynamics Ltd. In the deal the Defence Ministry will be acquiring 4,690 anti-tank missiles at the worth of Rs 1,188 crore for Indian Army.
The missiles have a range of 1,850 metres and be fired from both the field and the vehicle launchers. The ministry informed that their installation will however take up to three years to complete.
In these past few months, the ministry has finalised various development projects for strengthening the compatibilities of the three defence forces.
“The acquisition wing of the Ministry of Defence signed a contract with defence public sector undertaking Bharat Dynamics Limited (BDL) for supply of 4,960 MILAN-2T anti-tank guided missiles to Indian Army at a cost of ₹ 1,188 crore,” said the ministry in a statement.
The Bharat Dynamics Ltd (BDL) is manufacturing the missile under a license authorized by the French defence major MBDA Missile Systems.
“These missiles can be fired from ground as well as vehicle-based launchers and can be deployed in anti-tank role for both offensive and defensive tasks,” said the ministry.
“Induction of these missiles will further enhance the operational preparedness of the armed forces. Induction is planned to be completed in three years,” ministry added.