Plans to induct new anti-tank missiles could get delayed | Latest News India - Hindustan Times
close_game
close_game

Plans to induct new anti-tank missiles could get delayed

Hindustan Times, New Delhi | By
Mar 03, 2017 12:25 AM IST

The army may have to wait longer to induct new anti-tank guided missiles (ATGM), as the defence ministry has appointed a committee to examine a Rs 3,200-crore deal that was about to be closed.

The army may have to wait longer to induct new anti-tank guided missiles (ATGM), as the defence ministry has appointed a committee to examine a Rs 3,200-crore deal that was about to be closed.

A committee will examine procedural aspects of the deal for Israeli Spike ATGM systems, manufactured by Rafael Advanced Defence Systems Ltd.(AP File/ Representational Photo)
A committee will examine procedural aspects of the deal for Israeli Spike ATGM systems, manufactured by Rafael Advanced Defence Systems Ltd.(AP File/ Representational Photo)

An army source told Hindustan Times that a committee, headed by a two-star general, will examine procedural aspects of the deal for Israeli Spike ATGM systems, manufactured by Rafael Advanced Defence Systems Ltd.

HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

While India chose the Israeli ATGM over US defence and aerospace firm Raytheon’s Javelin system three years ago, the deal was delayed as commercial issues needed to be ironed out.

“The deal was ready to be put up for clearance by the Cabinet Committee on Security. But now we will have to wait for the panel’s report,” the source said on the condition of anonymity .

India is negotiating the purchase of 321 launchers and 8,356 fire-and-forget missiles with the Israeli firm.

The missile can destroy armoured vehicles and bunkers from a distance of 2.5 km and the army plans to equip more than 400 of its infantry and mechanised units with the third-generation ATGM systems.

The army’s requirement for larger number of launchers and missiles will be met through licensed production of the ATGM systems by state-owned Bharat Dynamics Limited (BDL). The army currently uses Milan and Konkur ATGMs built by BDL under license from French and Russian firms, respectively.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!

Get Current Updates on India News, Lok Sabha Election 2024 live, Infosys Q4 Results Live, Elections 2024, Election 2024 Date along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, April 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On