DTN News - INDIA DEFENSE NEWS: India, Russia Sign Deal For Ammunition
(NSI News Source Info) TORONTO, Canada - April 1, 2014: India has signed a deal worth over Rs 2,600 crore with Russia to procure 66,000 anti-tank shells to meet the shortfall of critical ammunition faced by its armoured fleet including the latest T-90 tanks.
The two sides signed the deal on March 27 for the supply of anti-tank shells to the Army and agreement in this regard was inked by Defence Ministry officials from India and Rosoboronexport officials from the Russia side, Defence Ministry told PTI here.
The Cabinet Committee on Security headed by the Prime Minister had recently cleared the proposal to acquire Mango 66,000 tank shells from Russia, they said.
Under the deal, Russia will also undertake transfer of technology on the production techniques of the specialised tank ammunition to the Ordnance Factory Board, which will produce it indigenously, they said.
*Source: DTN News - - This article compiled by K. V. Seth
*Presented & compiled for DTN News ~ Defense-Technology News
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